Pending home sales soar to nearly 6 year high

http://mam.econoday.com/byshoweventfull.asp?fid=451719&cust=mam&year=2012&lid=0#top

http://finance.yahoo.com/news/us-pending-home-sales-jump-150725471.html

boards of FL wrote:http://mam.econoday.com/byshoweventfull.asp?fid=451719&cust=mam&year=2012&lid=0#top

http://finance.yahoo.com/news/us-pending-home-sales-jump-150725471.html

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Bds, you know no one wants to hear any positive news so you best delete it before someone freaks out!

Lots of people walk away from those "pending" short sales and the ones that don't won't close for many months.

boards of FL wrote:http://mam.econoday.com/byshoweventfull.asp?fid=451719&cust=mam&year=2012&lid=0#top

http://finance.yahoo.com/news/us-pending-home-sales-jump-150725471.html

Pending does NOT equal closed sales.

Markle wrote:

boards of FL wrote:http://mam.econoday.com/byshoweventfull.asp?fid=451719&cust=mam&year=2012&lid=0#top

http://finance.yahoo.com/news/us-pending-home-sales-jump-150725471.html

Pending does NOT equal closed sales.

Has anyone suggested pending equals closed sales?