09/12/2026
We saw a DRAMATIC drop in Pending sales year over year, which if it becomes a trend could lead to a very different market. As rates shot up, we have seen a drop in contracts put into escrow. If new listings, stay on track, and pendings continue to drop, we will start to see inventory stack up. With so much pent up demand over the last few years, just waiting for rates to tick back down, we will see who blinks first as we have been in a 4 year stalemate. since 2022.
