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18 TOP SEVEN MARKETS ENJOY FASTER-THAN- AVERAGE CLOSINGS e nation might average closing times of 50- plus, but in seven U.S. markets, homebuyers enjoy a faster-than-typical closing process, according to the recent Home Value Forecast released by Pro Teck Services. e Forecast looked at more than 200 met- ro markets across the country, and just seven had closing times at or under the 50-day mark. e market with the fastest time-to-close? San Jose, California. At just 41 days, San Jose homebuyers enjoyed the quickest closing process in the nation last month. But fast closing times are nothing new for the metro, according to Pro Teck, and with tight inventory, it may remain that way for some time. "Quicker clos- ing days in San Jose, California, have been the norm for the last few years, with dips to the 50-day range each of the last few years during Q2," Pro Teck reported. "With the lack of inventory and increasing employ- ment in San Jose, we don't see these market dynamics changing anytime soon." e San Francisco-Redwood-City-South San Francisco metro came in as the No. 2 fastest-clos- ing city with a 42-day time-to-close, followed by Oakland-Hayward-Berkeley, California (45 days); Denver-Aurora-Lakewood, Colorado (49 days); Boulder, Colorado (49 days); Dallas-Plano-Ir- ving, Texas (50 days); and Fort Worth-Arlington, Texas (50 days). e key to closing this quickly? Pro Teck says it's fast bidders. "In these markets, multiple bids are coming on listing day," Pro Teck reported. "To be com- petitive, winning bidders are pre-approved, have no contingencies and often have larger down pay- ments—all leading to less risk and a quicker close with the banks." Pro Teck's forecast also ranked the month's strongest and weakest 10 metros in the country. e majority of the top 10 were located in the West, with Belling- ham, Washington, taking the No. 1 spot. Rounding out the list was Boise City, Idaho; Fresno, California; Modesto, California; Mount Vernon-An- acortes, Washington; Olympia-Turnwater, Washington; Sacramento-Roseville- Arden-Arcade, California; San Diego- Carlsbad, California; Seattle-Bellevue- Everett, Washington; and Stockton-Lodi, California. At the bottom of the list was Huntsville, Alabama, though Pro Teck notes, "while at the bottom of our ranking this month, the majority of these metros are in much better shape than our bottom metros from years past." Also at the bottom were Santa Fe, New Mexico; Miami-Miami Beach-Kendall, Florida; Shreveport-Bossier City, Louisiana; Chicago- Naperville-Arlington Heights, Illinois; Lake County-Kenosha County, Illinois-Wisconsin; Milwaukee-Waukesha-West Allis, Wisconsin; Virginia Beach-Norfolk-Newport News, Vir- ginia; Atlantic City-Hammonton, New Jersey; and Rockford, Illinois. The best defense for a better neighborhood Real People, Real Results www.assero24.com/defense "Quicker closing days in San Jose, California, have been the norm for the last few years, with dips to the 50-day range each of the last few years during Q2. With the lack of inventory and increasing employment in San Jose, we don't see these market dynamics changing anytime soon."