Pending home sales reverse course

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US Pending Home Sales Reverse Course in February, Rise 3.1 Percent – Pending home sales snapped back in much of the country in February, but weakening affordability and not enough inventory on the market restricted overall activity compared to a year ago, according to.

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Many buyers assume that "sale pending" means the property is no longer available. But that’s not always the case. If you’ve fallen in love with a home that shows as pending, don’t immediately rule it out. Here’s what you need to know to decide if a "sale pending" home is still worth pursuing.