How does the pending status relate to the concept of market inventory?

"Pending” means that a contract is complete for selling a property with no conditions attached and the home is no longer considered an “active” listing. In ... Jun 4, 2024 ... Under contract means a buyer has accepted an offer but the sale will proceed after contingencies spelled out in the contract are met. Pending ... Apr 14, 2023 ... What Does Contingent Mean? As a general term, contingent means “upon certain conditions being met.” In the context of real estate, it means that ... Oct 15, 2021 ... But a pending offer almost always means there's an “accepted and binding contract” between buyer and seller, according to real estate agent ... Mar 28, 2023 ... When a property is in a 'pending' status, the sale will likely be completed soon. All contingencies have been satisfied, allowing for a smooth transaction. Jul 22, 2024 ... In real estate, a "pending" status indicates that a property is under contract, with an accepted offer but not yet closed. During this phase, ... What Does Pending Mean in Real Estate? ... When a home listing moves from “Active” to “Pending,” the seller has accepted a bid, signed the contract, and sees no ... Feb 24, 2021 ... “Pending” means that the sale is one step closer to conclude. In this case, the buyer accepted an offer with conditions, and they were met, so both parties ... Apr 12, 2022 ... A pending sale in real estate simply means that the seller has received and accepted an offer on their home. However, the deal is not yet finalized. Apr 6, 2023 ... Pending means they plan to sell the house to someone, but haven't completed the closing process. Once they finish the purchase or it falls ...