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Pending Milestone Reached

Every day for the past 6 years, I record market data points from the MLS.  One of these points is the number of homes currently under contract, (also known as Pending Sales).

Today, April 9th, the Des Moines Area Association of REALTORS® MLS recorded 2,334 homes under contract waiting to close. At no time since at least January 1st, 2009 have we had this many homes Pending and waiting to close. This number may not seem very high, but it represents almost 70% of our current Active (For Sale) inventory.

Still not impressed?  Think of it like this.. Every day, we add 30 new homes to the MLS and 36 homes go Pending.  See the problem? Are you considering selling your home? I have one question for you…

What Are You Waiting For???

 (Click For Full PDF)
Highest Pending Count

About Les Sulgrove

Les is an Iowa native born in Des Moines and raised in the southwest Iowa town of Bridgewater. He has been a resident of Des Moines since 1982 and has been married to his wife Linda for over 35 years. Together they have 3 grown children, 7 grandchildren and make their home on Des Moines south side. He has been a licensed REALTOR® since 1990 and is Vice President at VIA Group, REALTORS®. Les is the 2011 Past President of the Des Moines Area Association of REALTORS® (DMAAR) and received the award of Salesperson of the Year by DMAAR in 2007 for his involvement and service to the Association. Additionally, he is active at the Iowa Association of REALTORS® and serves on local, state and national committees. He also owns and operates the national technology networking group CyberProfessionals. This group of real estate professionals meets twice annually across the United States to learn from each other and share new marketing ideas with heavy emphasis on current and future technologies and their use in the real estate business. Les’ hobbies include golf, photography and sarcastic humor. He and Linda spend many Saturday mornings from Spring to Fall at the Des Moines Downtown Farmers Market. He enjoys spoiling his grandchildren at every opportunity.

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