The Longest Pending Sale

The Longest Pending Sale

Does anyone remember the 13,000-square-foot Tacoma mansion I mentioned a few times on these pages back in 2011? After a series of price drops from $8 million, to $7 million, to $6.4 million, and eventually $5.4 million over the course of nearly three years on the market, it finally went pending. In June. Of last […]

More Pending Sales Closed in Q3, One in Five Still MIA

More Pending Sales Closed in Q3, One in Five Still MIA

Let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the third quarter numbers below represent pending sales from June, July, and August and […]

The New Normal: 25 Percent of Pending Sales Don’t Close

The New Normal: 25 Percent of Pending Sales Don’t Close

Let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the second quarter numbers below represent pending sales from March, April, and May and […]

Nearly One in Four Pending Sales Did Not Close in Q1

Nearly One in Four Pending Sales Did Not Close in Q1

Let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the first quarter numbers below represent pending sales from December, January, and February and […]

Link Roundup: Housing Market Strength Evaporating

It’s been a while since I’ve posted a good link roundup, and since I’ve seen a number of related stories pop up in the last couple of weeks, I thought it was a good time for one. While the housing market was definitely on fire last year, with respect to bidding wars and home price […]

One in Five Pending Sales Failed to Close in Q4

One in Five Pending Sales Failed to Close in Q4

Let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the fourth quarter numbers below represent pending sales from September, October, and November and […]

Fewer Pending Sales Failed to Close in Q3

Fewer Pending Sales Failed to Close in Q3

Let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the third quarter numbers below represent pending sales from June, July, and August and […]