Archive for the ‘Pending Home Sales’ Category
After a strong run to close out 2010, the market for home resales softened a bit in January.
Tags: NAR, PHSI
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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.
Tags: Home Supply, Home Values, Pending Home Sales
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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.
Tags: Home Supply, Pending Home Sales
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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.
Tags: Home Supply, Pending Home Sales
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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 Realtors®, 80% of homes under contract close within 60 days.
Tags: Existing Home Sales, Pending Home Sales
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Today’s home buyers should consider making offer sooner rather than later. Looking at the data, it appears the best time to have found a “deal” on a home may have been in February.
Tags: Pending Home Sales, tax credit
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