While the average standard Glendale home sale is on the market 41 days (DOM) the average short sale is just 28 days. Odd considering that the short sale lender typically approves the sale after an offer has been received and signed by the seller. Maybe there is some “monkey business” regarding Glendale short sales. ….
For those home buyers thinking there is a deal to be found, note that cash buyers in Glendale are paying on average nearly 6% above asking price. When cash buyers don’t have negotiating power, don’t expect anyone else to either.
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