After a strong run to close out 2010, the market for home resales softened a bit in January.
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February 1, 2011
Another day, another strong report for housing. The Pending Home Sales Index climbed 2 percent in December, according to the National Association of REALTORSÂ®
January 4, 2011
The housing market continues to expand, and surprise.
December 7, 2010
The Pending Home Sales Index surged 10 percent in October as low mortgage rates and low home prices spurred buyers into action. The market looks different today, however.
November 9, 2010
So long as mortgage rates remain rock bottom, the autumn season is looking like a terrific time to buy.
October 5, 2010
Overall, buyers are being drawn into housing by low mortgage rates, affordable homes, and ample supply. If the August Pending Home Sales Index is foreshadowing the fall housing market, home prices appear slated to rise.
September 8, 2010
Just one week after reports of Existing Home Sales and New Home Sales plunging, the housing market signaled that the next few months may fare better than did May and June.
August 4, 2010
June’s Pending Home Sales Index is weak by most measures, but if you’re a home buyer, the headlines aren’t so bad. Fewer home sales can push negotiation leverage to the buy-side of a transaction.
July 2, 2010
On the surface, May’s Pending Home Sales Index looks terrible for housing. And, if you’re a seller, it just might be. But, if you’re a buyer, the story reads differently. Just consider the market conditions.
June 3, 2010
April marks the third straight month that pending home sales are up and today’s buyers should take note. This is because, according to the National Association of RealtorsÂ®, 80% of homes under contract close within 60 days.