Finally! On the uptrend, pending sales increased in October since bottoming in June, according to the National Association of REALTORS.
A "pending" or "under contract" sale, is a real estate sale that is non-contingent (ex: home inspection contingency removed)and is moving forward to closing.
Read more about this at
http://www.realtor.org/press_room/news_releases/2010/12/strong_phs
Happy Holidays Everyone! Have a happy, healthy and prosperous new year!
Thursday, December 23, 2010
"Pending Sales Are Up"
Labels:
buyers,
pending,
real estate sales,
rebound,
tax credit,
under contract,
under writing
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