The 'Days on Zillow Before Pending' metric serves as a reliable real-time indicator of housing market demand, where a decreasing trend signals stabilizing demand and an increasing trend indicates continuing market weakness, with the current national average at 60 days and accelerating in the Sun Belt region.
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The BEST Housing Market Tracker: Days on Zillow Before PendingAdded:
Signal three, days on Zillow before pending. When that number stops rising, demand has stabilized. When it keeps rising, demand is still cratering. The current trajectory, 60 days nationally and accelerating in the sunb belt, is the most reliable real-time pulse of the housing market that exists. Better than the K Schiller, better than the N existing home sales number. Watch the days on market trend.
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