Definition of Pending. Pending. A home that is set to close and all contingencies have been waived.Pending home sales serve as a forward indicator of future sales since they measure contract signings, but not closures,.The pending home sales index is a leading indicator of future existing home sales as it typically takes four to six weeks to close a sale after a contract has been.
Existing-Home Sales | nar.realtor
US pending home sales fell again in April. Pending sales contracts are a barometer of future purchases.Pending home sales rose 3.4 percent in the Northeast and jumped 11.4 percent in the.
Not so impressing US data: pending home sales rose by only 0.2% in October,.It tends to be a leading indicator of existing home sales, not new home sales. A pending. home.Pending Home Sales Index. it is a leading indicator of existing home sales, not new home sales.In addition, there also are instances where the seller is overwhelmed by the volume of offers received.
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They may instruct their agent not to solicit any more offers, but to leave the listing active.A list of the different statuses and their uses can be found on the MLSListings Portal and below.
US pending home sales fell again in April - canada.comPending Home Sales data are provided by NAR solely for use as a reference.
Pending Home Sales Drop In March - Stagnant For 2 Years
March marked the third time in as many months that pending sales by California homeowners continued its.Glad to see you reminding agents so that it benefits all concerned.
Author: Scott Morgan in Daily Dose,. leaving pending home sales slightly up but essentially flat for the month.
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Pending | Define Pending at Dictionary.comA short sale is a real estate transaction for the purchase of a home before a bank forecloses on it.
Pending sales of existing. it is a leading indicator of existing home sales, not new home sales.More Trapped Homeowners: Pending Home Sales Decline Again, Index Below 2016 Level. 31 Wednesday May 2017.Definition of PENDING HOME SALES INDEX (PHSI):. this index meaasures the present activity in the present real estate market.Remove the language (and make the listing available to show and accept offers).
Pending home sales up 1.4% in March, highest pace in nearly a year. A monthly index measuring pending sales increased 1.4 percent compared to February,.Active listings are distributed to the public via the Internet and by agents via auto-email alerts, and more.