What is a 'slow housing market'?

What is a 'slow housing market'?

Chad Lund (Real Estate Agent) gives expert video advice on: What's biggest mistake I can make when selling my home in a sluggish market?; Can I make a profit on my home in a slow market?; What is a 'slow housing market'? and more...

A "slow housing market" is really when a home has been on the market for a couple of weeks. It's not getting offers. In a stronger market, we were seeing deals going into escrow in the first five days. The slower market is taking 30, 60, 90 days. That's what we are seeing right now.