The signal we watch from the closing table isn't rates and isn't headlines. It's the ratio of deals that come in to deals that come out — and how long they sit in the middle.
What a healthy cycle looks like from title
- Median days-to-close under 25.
- Fewer than 8% of files re-priced after appraisal.
- Payoff turnaround under 72 hours from a top-ten servicer.
When those three numbers move together, the market is telling you something long before Redfin does.
Where 2026 sits
Absorption is thinner than 2022, calmer than 2023, and quietly better than the first-quarter chatter suggested. The deals that are getting done are getting done cleanly. The ones that aren't were never really deals.
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