1{2 "indexed": {3 "date-parts": [4 [5 2026,6 10,7 68 ]9 ],10 "date-time": "2026-10-06T02:07:23Z",11 "timestamp": 1791252443021,12 "version": "4.1.0"13 },14 "reference-count": 15,15 "publisher": "Wiley",16 "issue": "2",17 "license": [18 {19 "start": {20 "date-parts": [21 [22 2007,23 4,24 625 ]26 ],27 "date-time": "2007-04-06T00:00:00Z",28 "timestamp": 117581760000029 },30 "content-version": "vor",31 "delay-in-days": 0,32 "URL": "http://onlinelibrary.wiley.com/termsAndConditions#vor"33 }34 ],35 "content-domain": {36 "domain": [],37 "crossmark-restriction": false38 },39 "short-container-title": [40 "Int Economic Review"41 ],42 "published-print": {43 "date-parts": [44 [45 2007,46 547 ]48 ]49 },50 "abstract": "<jats:p>We construct a model of the housing market in which agents differ in their flow values while searching. Agents enter the market relaxed (with high flow values) but move to a desperate state (low flow values) at a Poisson rate if they have not already transacted. We characterize the equilibrium steady‐state matching pattern and the joint distribution of price and time to sale (for sellers). The expected price conditional on time to sale falls with time spent on the market, whereas the conditional variance of price first rises and then falls with time on the market.</jats:p>",51 "DOI": "10.1111/j.1468-2354.2007.00440.x",52 "type": "journal-article",53 "created": {54 "date-parts": [55 [56 2007,57 4,58 2359 ]60 ],61 "date-time": "2007-04-23T01:22:01Z",62 "timestamp": 117729132100063 },64 "page": "641-664",65 "source": "Crossref",66 "is-referenced-by-count": 126,67 "title": [68 "OPPORTUNISTIC MATCHING IN THE HOUSING MARKET*"69 ],70 "prefix": "10.1111",71 "volume": "48",72 "author": [73 {74 "given": "James",75 "family": "Albrecht",76 "sequence": "first",77 "affiliation": [],78 "role": [79 {80 "vocabulary": "crossref",81 "role": "author"82 }83 ]84 },85 {86 "given": "Axel",87 "family": "Anderson",88 "sequence": "additional",89 "affiliation": [],90 "role": [91 {92 "vocabulary": "crossref",93 "role": "author"94 }95 ]96 },97 {98 "given": "Eric",99 "family": "Smith",100 "sequence": "additional",101 "affiliation": [],102 "role": [103 {104 "vocabulary": "crossref",105 "role": "author"106 }107 ]108 },109 {110 "given": "Susan",111 "family": "Vroman",112 "sequence": "additional",113 "affiliation": [],114 "role": [115 {116 "vocabulary": "crossref",117 "role": "author"118 }119 ]120 }121 ],122 "member": "311",123 "published-online": {124 "date-parts": [125 [126 2007,127 4,128 6129 ]130 ]131 },132 "reference": [133 {134 "key": "e_1_2_8_2_1",135 "doi-asserted-by": "publisher",136 "DOI": "10.1111/1540-6229.00780"137 },138 {139 "key": "e_1_2_8_3_1",140 "doi-asserted-by": "publisher",141 "DOI": "10.1086/260084"142 },143 {144 "key": "e_1_2_8_4_1",145 "doi-asserted-by": "publisher",146 "DOI": "10.1162/003355397555154"147 },148 {149 "key": "e_1_2_8_5_1",150 "doi-asserted-by": "publisher",151 "DOI": "10.2307/2297410"152 },153 {154 "key": "e_1_2_8_6_1",155 "volume-title": "Existence of Independent Random Matching",156 "author": "Duffie D.",157 "year": "2004"158 },159 {160 "key": "e_1_2_8_7_1",161 "doi-asserted-by": "publisher",162 "DOI": "10.1111/1540-6229.00763"163 },164 {165 "key": "e_1_2_8_8_1",166 "doi-asserted-by": "publisher",167 "DOI": "10.1002/jae.3950070202"168 },169 {170 "key": "e_1_2_8_9_1",171 "doi-asserted-by": "publisher",172 "DOI": "10.1007/PL00004214"173 },174 {175 "key": "e_1_2_8_10_1",176 "doi-asserted-by": "publisher",177 "DOI": "10.1016/j.jue.2004.05.004"178 },179 {180 "key": "e_1_2_8_11_1",181 "doi-asserted-by": "crossref",182 "first-page": "31",183 "DOI": "10.1080/10835547.1987.12090529",184 "article-title": "Pricing Strategies and Residential Property Selling Strategies",185 "volume": "2",186 "author": "Miller N. 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