I was curious about how the pending sales this year compared to previous years in the Alamo report (Austin Alamo Title). They don’t use numbers so I thought seeing the trend in pending % changes might draw an interesting picture. If you think of 2006 as the starting point 0.00%, it looks to me that we are almost back to 2006 pending activity for the same week. What do you think?
Footnote: Below is a table with the corresponding weeks and the dates they cover. The week being measured starts on a Sunday so whether it is the end of the year or not, settlement dates can only take place on a business day since banks do not fund transactions on weekends.
* Week 1: I can see the 2009 and 2010 probably have an extra day since the holiday for New Years Day might not have been on that Monday like the other years.
Week 1 | Week 3 | ||
2007 | Dec 31 - Jan 6 | Jan 14 - Jan 20 | |
2008 | Dec 30 - Jan 5 | Jan 13 - Jan 19 | |
*2009 | Jan 4 - Jan 10 | Jan 18 - Jan 24 | |
*2010 | Jan 3- Jan 9 | Jan 17 - Jan 23 | |
2011 | Jan 2 - Jan 8 | Jan 16 - Jan 22 |
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