{"id":18772,"date":"2021-04-21T13:48:09","date_gmt":"2021-04-21T13:48:09","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=18772"},"modified":"2021-04-21T13:48:09","modified_gmt":"2021-04-21T13:48:09","slug":"obstacles-to-closing-on-time","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/obstacles-to-closing-on-time\/","title":{"rendered":"Obstacles to Closing on Time"},"content":{"rendered":"

Obstacles to Closing on Time<\/h3>\n
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The majority of home sale contracts are settling on time, but 26% faced delays in February while 6% were terminated completely, according to the latest REALTORS\u00ae Confidence Index. The following chart shows the most common issues sparking a delay to closing.<\/p>\n

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\"Reasons<\/div>\n<\/div>\n<\/div>\n

\u00a9 National Association of REALTORS\u00ae<\/p>

<\/figcaption><\/figure>\n<\/div>\n

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The most common problems leading to a termination of the contract were related to appraisal issues (11%), obtaining financing (10%), and home inspection\/environmental issues (9%).<\/p>\n

Nevertheless, the housing market remains competitive. Respondents to the REALTORS\u00ae Confidence Index report an average of four offers for every house sold. Also, homes typically sold within 20 days\u2014a record low since May 2011, when NAR started collecting such information. A year ago, homes typically sold within 36 days.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Source:<\/div>\n
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\u201cREALTORS\u00ae Confidence Index Survey, February 2021<\/a>,\u201d National Association of REALTORS\u00ae<\/div>\n
\u00a9National Association of REALTORS\u00ae
\nReprinted with permission<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Obstacles to Closing on Time The majority of home sale contracts are settling on time, but 26% faced delays in February while 6% were terminated completely, according to the latest REALTORS\u00ae Confidence Index. The following chart shows the most common issues sparking a delay to closing.   \u00a9 National Association of REALTORS\u00ae   The most … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-18772","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nObstacles to Closing on Time - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/obstacles-to-closing-on-time\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/obstacles-to-closing-on-time\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/obstacles-to-closing-on-time\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Obstacles to Closing on Time\",\"datePublished\":\"2021-04-21T13:48:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/obstacles-to-closing-on-time\\\/\"},\"wordCount\":142,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/obstacles-to-closing-on-time\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/magazine.realtor\\\/sites\\\/default\\\/files\\\/styles\\\/asset_image_full_content\\\/public\\\/assets\\\/images\\\/4.19.2021_contractdelays.png?itok=TWPgPYOY\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/obstacles-to-closing-on-time\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/obstacles-to-closing-on-time\\\/\",\"name\":\"Obstacles to Closing on Time - 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