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Monthly Indicators October 2022Activity SnapshotPercent changes calculated using yearoveryear comparisons.New Listings were down 22.7 percent for single family homes and 61.7 percent for townhousecondo

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Gather all necessary paperwork such as the purchase agreement, inspection reports, and any other relevant documents.

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Carefully review and fill out all sections of the pending home sales form, ensuring accuracy and completeness.

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Double check all information provided to make sure there are no errors or omissions.

04

Submit the completed pending home sales form to the appropriate parties such as the real estate agent, buyer, and seller.

Who needs pending home sales?

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Real estate agents

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Home buyers

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Home sellers

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Professional real estate investors

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What is pending home sales?

Pending home sales refer to real estate transactions in which a buyer has signed a purchase agreement for a home, but the sale has not yet been finalized or closed.

Who is required to file pending home sales?

Real estate agents and brokers involved in the transaction are generally required to file pending home sales reports.

How to fill out pending home sales?

Pending home sales are typically filled out by providing details such as the property's address, contract date, buyer and seller information, and sale price, often using specific forms provided by real estate associations.

What is the purpose of pending home sales?

The purpose of pending home sales is to track the number of homes under contract, which helps analyze the housing market trends and forecast future home sales activity.

What information must be reported on pending home sales?

Information that must be reported includes the sale price, property details, buyer and seller names, and the date when the purchase agreement was signed.

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