Real estate agents, home sellers, buyers adjust to social-distancing norms

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One thought on “Real estate agents, home sellers, buyers adjust to social-distancing norms

  1. Sales = closings. These lag about 30-45 days from pendings.

    Pendings = Contracts for sales are when the sale actually takes place.

    Pendings are down 20% or more from 3/15-4/15 over last year.

    The info being reported by industry experts is focused on the wrong thing… closings. To monitor activity we need to focus on contracts.

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