Real estate statistics are frequently quoted in the news.  But what do they really mean? How familiar are you with these commonly used real estate terms? DOM – Days on Market The number of days a home has been listed for sale. NOTE: if a listing has been cancelled and a new listing issued for the same property, often for a reduced price, the DOM count restarts.  It is important to ensure your Realtor is checking old listings for the property, so the total DOM is... [read more]