I’ve been looking for a property for a year using the MLS primarily, but the number of listings on market are very low, and when something does come on the market, it goes pending within a day or two.

Have pending calls to another title company and real estate attorney.

So you and your agent need to look at the data for comparable pending and (very) recently sold homes, as well as whatever active homes may be available - because solds and pending aside, the value of this prospective home will be comparatively lower if there are 15 similar homes on the market for buyers to look at compared to if there are just one, two, or zero other homes like this for buyers.And I know it's tough with HUD homes because they don't take escalators, but in the end, armed with your market analysis data, you need to bid your 'walk away' price, meaning that if you bid a dollar under what it goes for you'd be OK with not getting it, rather than kicking yourself and wishing you had bid a dollar more.

Because, by the time it's done the property in consideration has already went into pending/sold.

B) stuff that previously languished for a while is also “pending” offers now including land.

This can be seen by the pending sales of homes (3,785).An additional 931 homes are pending from June through July, consequentially resulting in a 32.6% increase.

The guy is in the Air Force and is pending a medical discharge.

But, you are right...the good ones come up and then pend quick. 

I am planning to move into the Baltimore area ASAP (Pending employment) and am looking to pull the trigger into Real Estate investing.

My property just went pending after two days on the market for $7,500 over my asking price.