Quote:
Originally Posted by Clarkey
Thanks, I tried to wait out the market a bit but at the end of the day I opted to pull the trigger on a house to settle into for my family. My wife's pregnant again and the nesting phenomenon cannot be ignored, regardless of where the market is headed!
|
Totally understand you - when you find something you really like, gotta go for it! (and hopefully get the seller to shave the price a little, or a lot.)
Meanwhile, please don't take my musings/thinking out loud numbers personally.
Quote:
Originally Posted by cmyden
I believe it's somewhere in between, when it 'firms up' (the term I hear realtors use) and becomes unconditional. The deal becomes firm and binding, and both parties are waiting for the closing date. The sales info is then sent to the real estate board and the property is marked as sold.
|
On that same site, it shows pending sales actually picked up a bit at month end. Apparently there is a $5.9 MM pending sale in the pipe that should bump up "average price" this month perhaps(?)