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Dom | The McLeod Group Network - KW Capital City Blog

Wednesday, October 30, 2019   /   by Amy McLeod

Should You Buy a Stale Listing? Pros and Cons of Buying a House With a High DOM

A real estate listing can tell you an awful lot about a home, beyond just the price—essential stats like the year the property was built and the price per square foot. But one of the most important numbers to be aware of is the days on market, or DOM, the amount of time the home has been listed for sale on the multiple listing service. The DOM gives you an idea of how other buyers are reacting to the property and whether it's priced high or low.
Properties with a high DOM are commonly referred to as stale listings, meaning the house has been languishing on the market for a long time. Depending on the specifics of local housing markets, experts consider that a house starts becoming stale around three to five weeks—and it usually causes one of two possible reactions. Some buyers think such homes are a bit tainted, while others believe they'll have more bargaining power and can get the house at a steal. Which is more true?
Buyer beware?
First of all, let&rs ...

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  amy mcleod, mcleod group network, homebuyers, buying a house, first time home buyers, pros and cons of buying a house with a high dom, dom, days on market

Friday, June 14, 2019   /   by Amy McLeod

Exploring Salem Oregon: Unique Vintage Aircraft

Friday, 6/14/19 - 2:00 PM to 5:00 PM
Saturday, 6/15/19 - 10:00 AM to 5:00 PM
Sunday, 6/16/19 - 10:00 AM to 5:00 PM
The Salem Municipal Airport will be hosting the Wings of Freedom Vintage Aircraft Tour. Event visitors will have the rare opportunity to visit, explore, and learn more about a variety of treasures from WWII aviation history including a B-17 Flying Fortress, B-24 Liberator, P-51 Mustang, and P-40 Warhawk. $5-$15.
McNary Field
2680 Aerial Way SE 
Salem, OR 97302

978-562-9182
Event Website
Courtesy of Amy McLeod, The McLeod Group Network

Photo Credit: collingsfoundation.org

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  amy mcleod, mcleod group network, exploring salem oregon, aviation, mcnary field, salem municipal airport, wings of freedom vintage aircraft tour, wwii aviation history

The McLeod Group Network - KW Capital City
Amy McLeod
1900 Hines St SE, Suite 220
Salem, OR 97302
971-208-5093
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Lighthouse Mortgage
Phil Gerstner
110 Wallace Rd. NW
Salem, OR 97304
503-871-4968
NMLS# 291931

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Traci Benjamin
Homeside Mortgage
Sales Manager, AVP
tbenjamin@gohomeside.com
NMLS 11736
Direct: 503-843-8072
Cell: 503-932-5511

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Aaron Memmott
Finance of America
Mortgage Advisor
amemmott@financeofamerica.com
NMLS# 1048117
Direct: (503) 718-9876
Cell: (503) 551-1115
Fax: (855) 639-2956

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Elizabeth Smith
Caliber Home Loans
elizabeth.smith@caliberhomeloans.com
NMLS# 228191
Cell: 503-910-0415
eFAX: 844-538-4687

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