Not all houses on the market that go pending close, many result in a failure for the buyer and seller to come to agreement over repairs, financing, or many other issues. In April, however, pending sales rose 6.7%, after also rising 3.2% in March. While the amount of sold homes didn't rise as much, and probably won't in June either, the rise of pending sales is a good sign for the real estate market. The more homes that go pending signifies that more people are making offers on homes, that means that they are at least getting into the market. While not every deal that goes pending makes it to closing, a lot do, and that will raise the percentage of homes sold in the next few months.
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