What Pending Home Sales Can Tell Buyers About Housing Demand - For sale sign with sold marker in front of a blue house, representing a completed home purchase in the housing market.

What Pending Home Sales Can Tell Buyers About Housing Demand

Housing Market Trends, Mortgage Strategies, Mortgage Strategy /

Pending home sales can give buyers an early look at housing demand. A pending sale occurs when a contract has been signed for an existing home, but the transaction has not yet closed. Because these contracts usually precede completed sales, pending home sales can help indicate whether buyers are becoming more active or pulling back. […]

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