Pending Home Sales Slow In January, But Should Rebound For Spring
March 5, 2010 by Real Estate News · Leave a Comment
Fewer homes went under contract in January as the housing market continues to limp through the winter months. According to the National Association of Realtors®, the Pending Home Sales Index fell to its lowest level in 3 quarters this January. By contrast, in October 2009, the index had touched a 3-year high.
Pending Home Sales Predicts A Stronger Spring Market
February 3, 2010 by Real Estate News · Leave a Comment
A Pending Home Sale is a home that is under contract to sell, but not yet sold. It’s a figure compiled by an industry group using sales data from over 100 regional listing services and more than 60 large brokerages around the country.
Existing Home Sales Plummet In December, But It Was Expected
January 26, 2010 by Real Estate News · Leave a Comment
Just one month after from blowing away Wall Street, December’s Existing Home Sales hit the skids, shedding nearly 17 percent and falling to a 4-month low. Don’t be alarmed, though. It was expected.
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