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How to understand the Pending Home Sales Index

When home sellers accept a contract on MLS-listed property, the property's official status changes from "Active" to "Pending". By measuring the number of "Pending" homes nationwide, the National Association of Realtors publishes its once-monthly Pending Homes Sales Index.

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Posted by Rob Kosberg Date: Sunday, August 23, 2009

Categories: Real Estate

Tags: bankruptcy, business, finance, Foreclosure, home sales, home values, Mortgage, Mortgage Data, Real Estate, Real estate data, Refinancing

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