When home sellers accepts a contract on MLS-listed property, the property’s official status changes from “Active” to “Pending”. By measuring the number of “Pending” homes nationwide, the National Association of Realtors® publishes its once-monthly Pending Homes Sales Index. The real estate industry group positions the report as a predictor of future home sales activity, stating that […]
Understanding Pending Home Sales
August 15th, 2008 · Comments Off on Understanding Pending Home Sales
Tags: Consumer Interest · Economy · Real Estate