What is the difference between active inventory and pending sales?

Dec 22, 2022 ... What do these mean? In this article, we'll cover how real estate transactions work, the differences between pending and under-contract sales, ... However, the deal hasn't been closed yet, and a property with a pending status can still return to the market. Once a home is pending, sellers cannot legally ... Mar 5, 2021 ... A sale pending (or active under contract) status simply means that the home seller has accepted an offer from a potential buyer, but the deal is yet to close. 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 6, 2023 ... If this appears, it means that there is a fault or user error, so a listing has remained in “pending” status for more than 4 months. This ... Feb 2, 2024 ... A pending status on the house indicates that a real estate transaction is in progress and nearing closing. All contingencies have been met, and ... 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 ... In real estate, “pending” refers to a property that is under contract to be sold. This means that the seller has accepted an offer from a buyer, ... Jan 17, 2020 ... under contract and outline your options with regard to making an offer on a home of your own. What does contingent mean when a house is for sale ... 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 ...