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How Pending Home Sales Impact the Housing Market - Economic Insights

833 views · Published 30 October 2018 · 4:56 · Indexed 12 November 2026

Channel: Realtor.com · 2018 · Howto & Style

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After you put in an offer on a home the next step in the process after the owner has accepted your offer you move into a pending home sale. This is the beginning of the home buying process. 

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Pending home sales is a great way to look ahead to see what existing home sales will be in the next quarter because it can take 30-60 days to close on a sale. This a good indicator of a future good time to buy or sell. 

Welcome to our new series on economic insights with realtor.com's chief economist Daniele Hale. In this series, we will talk about how factors in the economy can impact the housing market. From the job report, case schiller, new construction, sold homes, rent vs buy all the way to GDP. 

Every one of these topics can impact your home's value and Danielle Hale will help you understand them in a way that will allow you to make informed decisions. 

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Find your home on https://www.realtor.com

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Learn More about the home buying process: "Home Buying 101: How Do I Get Started?" 
https://www.youtube.com/watch?v=zqZI4ZvjcRM
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