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[Three Cents Worth NY #197] Closing ‘Em Is The Hardest PartPosted by Jonathan Miller - Tuesday, June 19, 2012, 3:47 PM  It’s time to share my Three Cents Worth (3CW) on Curbed NY, at the intersection of neighborhood and real estate in the capitol of the world. And I’m simply here to take measurements. Read today’s 3CW post on @CurbedNY: I thought I’d share a metric I haven’t presented before since I’ve only been collecting it for two years. It sort of measures the efficiency of the closing process, i.e. the number of days between the contract date and the closing date. I’ve got a few disclaimers on the chart and it is also broken out by re-sale and new development transactions. [read further]
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Curbed NY : Three Cents Worth Archive 2 Responses to [Three Cents Worth NY #197] Closing ‘Em Is The Hardest PartLeave a Reply |
 09/23/2012 [The Housing Helix Podcast] Barry Ritholtz Part 205/13/2013 Bloomberg Surveillence TV with Tom Keene, Sara Eisen and Adam DavidsonHad a fun interview with Tom and Sara this morning on the always MUST watch/listen Bloomberg Surveillance. We talked housing, rentals, vacancy and inventory. An added bonus was the addition of Adam Davidson – co-founder and co-host of Planet Money... Read More |
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I wonder how much of these closing are short sales? Just one short sale would asque the statistics considerably.
Especially since short sales are so prevailent lately.
I was wondering the same thing. Banks are notoriously slow when it comes to getting things done.