BUT – of that number, 4,027 are PENDING. 20% of total under contract.
Has anyone kept track of pending/active ratios? This doesn’t seem so gloom and doom to me.
I’ve got a listing that has received multiple offers in the last few days with multiple showings scheduled even though they know we are in negotiations. I’ve heard similar stories from other agents. The buyers might be coming out of the woodworks now that tax season is over.
Put your party hats away, give it a few more months.
