How fast can Byrd and Co close on an Ohio property?

Byrd and Co typically closes Ohio transactions within 7 to 14 days when the title is clear. Ohio closings are handled through title companies, and the Byrd and Co team coordinates directly with a local Ohio title company. If there are title complications such as liens, estate issues, or unpaid property taxes, the timeline may extend but Byrd and Co handles the resolution.

Who pays the conveyance fee when selling to Byrd and Co in Ohio?

Byrd and Co covers all closing costs including Ohio's conveyance fee. In most Ohio counties the conveyance fee is $4 per $1,000 of the sale price, which is typically the seller's responsibility in a traditional sale. On a $250,000 home that is $1,000 in conveyance fees. When selling to Byrd and Co, the company absorbs the entire fee plus all other closing costs. The cash offer presented is the net amount the seller receives.

Can Byrd and Co buy my Ohio house if it is in foreclosure?

Yes. Ohio foreclosures are exclusively judicial. The lender files a complaint with the county court and the homeowner has 28 days to file an answer. If no answer is filed, the court can issue a default judgment and the property moves toward a sheriff's sale. The full process typically takes six months to a year. Byrd and Co can purchase the property at any point before the sheriff's sale is completed.

Does Byrd and Co buy houses across all of Ohio or just major cities?

Byrd and Co buys properties across Ohio, not just in Columbus, Cincinnati, and Cleveland. The company regularly purchases homes in Dayton, Toledo, Akron, Youngstown, Canton, Springfield, Lakewood, Stow, and smaller communities. Byrd and Co also buys in rural Ohio counties where traditional buyers are harder to find. Homeowners can call (410) 855-1722 to confirm coverage in their area.

Are Ohio property taxes a problem when selling to Byrd and Co?

No. Ohio property taxes are prorated at closing so the seller only pays for the portion of the year they owned the home. If the seller is behind on property taxes, Byrd and Co can often cover the delinquent amount as part of the closing. Ohio counties conduct tax lien certificate sales on delinquent properties, and selling to Byrd and Co before that process starts protects the homeowner from losing the property.

Ryan Byrd

It’s Officially a Buyer’s Market: What Rising Days on Market Means for Sellers in 2026

Homes across the U.S. are sitting on the market for a median of 49 days before going under contract as of July 2026, according to Redfin, with nearly 1 in 5 listings taking a price cut along the way. For sellers, that means the days of listing on a Friday and fielding offers by Monday are largely behind us — realistic expectations and a clear plan matter more than ever.

How Long Are Homes Actually Taking to Sell Right Now?
How Common Are Price Cuts Right Now?
What Does “4 Months of Supply” Actually Mean?
Why Is the Market Shifting Toward Buyers?
What Does This Mean for Your Listing Strategy?
When Does Skipping the Traditional Timeline Make Sense?
FAQ

How Long Are Homes Actually Taking to Sell Right Now?

According to Redfin’s national housing market data, the median number of days a home spent on the market before going under contract was 49 days in July 2026. That’s a meaningful shift from the frenzied pace of a few years ago, when well-priced homes in competitive markets could go under contract within days.

To be clear, homes are still selling — 285,312 existing homes changed hands in July 2026 alone — but the pace has normalized to something closer to a traditional market rhythm than the sprint conditions of 2021-2022.

How Common Are Price Cuts Right Now?

Redfin’s data shows 19.3% of homes on the market in July 2026 had a price drop, essentially unchanged from a year earlier. That means roughly 1 in 5 sellers who listed at their initial asking price had to adjust it downward to attract a buyer.

At the same time, 24.5% of homes sold above list price, and the average sale-to-list price ratio sat at 98.4%. Put together, this paints a market that’s genuinely mixed: well-priced homes in desirable areas can still generate competition, but overpricing carries real risk of a stale listing and an eventual price cut.

What Does “4 Months of Supply” Actually Mean?

Redfin reported 4 months of housing supply nationally in July 2026, with 1,462,921 homes for sale. Months of supply measures how long it would take to sell every home currently listed at the current sales pace, assuming no new listings came on the market.

A supply of 4 to 5 months is generally considered a balanced market. Below that range favors sellers; above it favors buyers. At 4 months, the national market sits right at that balance point, though local conditions vary significantly by metro and even by neighborhood.

Why Is the Market Shifting Toward Buyers?

A few forces are working together here. Mortgage rates have hovered in the mid-to-high 6% range for most of 2026, which keeps many potential buyers priced out or hesitant. At the same time, housing supply has held roughly steady rather than shrinking further, giving the buyers who are active more options to choose from and less pressure to act immediately.

Redfin’s own economists have described the broader trend directly: the market is expected to remain in buyer’s market territory for the foreseeable future, with sellers needing to compete on price or concessions rather than counting on bidding wars.

What Does This Mean for Your Listing Strategy?

If you’re planning a traditional listing in this market, a few adjustments matter more than they did a few years ago:

Price accurately from day one. Overpricing and correcting later tends to attract less attention than pricing right the first time, since buyers notice how long a home has been listed.
Expect a longer timeline. Budgeting for 49 days on market, plus another 30-45 days to close with a financed buyer, means planning your next move several months out, not several weeks.
Be prepared to negotiate. With price cuts common and sale-to-list ratios below 100%, buyers are entering negotiations with more leverage than they had in recent years.
Condition matters more. In a market with more inventory to choose from, buyers can afford to be selective about repairs and updates rather than accepting a home as-is.

When Does Skipping the Traditional Timeline Make Sense?

Not every seller has 80-plus days to spare between listing and closing. If you’re relocating for a job, settling an estate, managing a divorce, or simply don’t want to deal with showings and repair negotiations in a slower market, a direct cash sale sidesteps the entire timeline question.

A cash sale isn’t about outrunning the market data above — it’s about deciding that the certainty of a fast, as-is closing is worth more to you than the possibility of a higher sale price after 49-plus days of showings, negotiations, and the risk of a price cut along the way.

Weighing a Traditional Listing Against a Faster Option?

Byrd and Co buys houses as-is across Maryland, Delaware, New York, Virginia, Connecticut, Massachusetts, New Jersey, Arizona, Pennsylvania, Colorado, Kentucky, and Tennessee, typically closing in one to two weeks with no repairs, no showings, and no price-cut negotiations.

Get Your Cash Offer → | Call (443) 251-3479

Frequently Asked Questions About the 2026 Housing Market

Is it really a buyer’s market right now? It’s close to balanced nationally, with 4 months of supply as of July 2026, per Redfin. Some local markets lean more toward buyers, especially where inventory has grown faster than demand.

How long does it actually take to sell a house in 2026? The national median is 49 days on market before going under contract, according to Redfin’s July 2026 data, plus typically another 30 to 45 days to close with a financed buyer.

Are most sellers having to cut their price? No, but it’s common. About 19.3% of listings had a price drop in July 2026, while 24.5% of homes still sold above their asking price, so outcomes vary a lot by pricing strategy and location.

Should I wait for the market to improve before selling? That depends on your timeline and goals. Redfin’s economists expect buyer’s market conditions to persist for the foreseeable future, so waiting doesn’t guarantee easier conditions later.

Is a cash sale a good option in a slower market? For sellers who value speed and certainty over squeezing out the highest possible price, yes. A cash sale avoids the 49-plus day listing timeline, showings, and price-cut negotiations entirely.