You knew this was coming. Houses sitting too many days on the market? Change the way "days on market" is determined:
Metropolitan Regional Information Systems,
which manages a database for 60,000 real estate professionals in the
Washington area and parts of West Virginia and Pennsylvania, is
changing an element of its "days on market" listing for homes.
It involves decreasing from 180 to 90 the number of days a property
is required to be off the market before MRIS resets that number to zero
when it gets back on an active listing for "days on market."
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