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Old 01-21-2022, 12:55 PM
 
Location: NC
3,444 posts, read 2,819,181 times
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I have been looking for a house so follow Redfin and Realtor.com to see what is new (not much where I am looking) and following the trends for the sales in my area (a lot going on there, I have a Zebulon address). Anyhow, I am noticing now more than ever that there are houses that go under contract in less than 5 days and a day to a week later they are marked "back on the market". Are buyers putting down big DD money to "hold" the house until they can look at it in person? As fast as they are going back on the market makes me think something like that is going on, but I am only watching from what I can see via the internet.
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Old 01-21-2022, 01:09 PM
 
Location: Cary, NC
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Post an example or two? Can you?
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Old 01-21-2022, 03:11 PM
 
Location: NC
3,444 posts, read 2,819,181 times
Reputation: 8484
Quote:
Originally Posted by MikeJaquish View Post
Post an example or two? Can you?
This isn't where I am looking, but it was in my Redfin feed.

https://www.redfin.com/NC/ROLESVILLE...home/168670249

https://www.redfin.com/NC/Durham/6-D.../home/43579544

https://www.redfin.com/NC/Blanch/256.../home/64912597

Those are just the ones in the last week or so. I am seeing a lot more.

This one went under contract, fell out a couple of weeks later and 2 days went under contract again. Closed for over asking. (I know this listing agent personally, she helped me sell my parents' lake house. She makes sure things are in good shape before listing).

https://www.redfin.com/NC/Timberlake.../home/44439913

Just seemed to be a pattern I was seeing. Might just be coincidental.
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