The tariff talk is settling down, the stock market looks fully recovered, we got a new pope, and the President is getting a new airplane.

Can we get back to selling homes now?

Usually we consider a ‘healthy’ market to have a ratio of 2:1 actives-to-pendings.

Above is a chart of local areas showing their number of active listings today, and the number of listings that went pending since April 2nd.

A ratio of 2:1 might be a little stiff, so let’s consider any market that has a 3:1 ratio or better to have survived Liberation Day, and is back on track.

GREEN: Areas that have a 3:1 ratio or lower.

RED: Areas that have a ratio higher than 3:1.

For the most part, buyers and sellers are back to transacting, and others can wait!