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Category Archives: Pending Home Sales
Pending Home Sales Drop For Second Straight Month
After a strong run to close out 2010, the market for home resales softened a bit in January. Continue reading
Pending Home Sales At The Highest Levels Since April 2010
Another day, another strong report for housing. The Pending Home Sales Index climbed 2 percent in December, according to the National Association of REALTORS® Continue reading
Pending Home Sales Index Points To A Budding Seller's Market
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. Continue reading
Pending Home Sales Slip In September, Suggesting A Buyer's Market Until January
So long as mortgage rates remain rock bottom, the autumn season is looking like a terrific time to buy. Continue reading
Pending Home Sales Data Points To Higher Home Prices This Fall
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. Continue reading
Home Sales Are Back On The Rise After A 2-Month Pullback
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. Continue reading
As The Pending Home Sales Index Falls, Home Buyers See Dollar Signs
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. Continue reading
Was The Pending Home Sales Report Really That Bad? It Depends Who You Ask — Buyer Or Seller.
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. Continue reading
Pending Home Sales Data Shows Great Deals On Homes Are Getting Harder To Find
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. Continue reading
March Pending Home Sales Point To Stronger Spring Market
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. Continue reading