Pendings Schmendings - 30 Days Later

Posted by Guy Johnson on May 27, 2008 | Comments (0) | Trackbacks (0)

Thirty days have passed since I took a snapshot of the pendings. The one-month-later status of those pendings is shown below. It comes as no surprise that short sales have the lowest percentage of closings (13%). This is due to the unusually long time required for the lenders to make a decision whether to accept or reject a pending [...]