Pending Home Sales Index Continues To Show Strength
Nationwide, homes continue to sell briskly. According to the National Association of REALTORS®, the Pending Home Sales Index read 99.2 for August — the fourth straight month in which the index hovered...
View ArticleHome Supplies Drop To Multi-Year Low
As the third quarter closed, home resales showed considerable momentum nationwide. The National Association of REALTORS® reports Existing Home Sales at 4.75 million units in September 2012 on a...
View ArticlePending Home Sales Index Suggests Housing Momentum Into 2013
The home resales is expected to finish the year with strength. Last month, for the fifth straight month, the Pending Home Sales Index hovered near its benchmark value of 100, registering 99.5 in...
View ArticleTop 10 Things You Need to Know About the 3.8% Tax
The National Association of REALTORS ® provided great information regarding what you need to know about the 3.8% tax. Here is a summary of the main points. When you add up all of your income and the...
View ArticleExisting Home Sales Move Higher In October
After a small decline in September, Existing Home Sales rebounded in October, increasing a modest 2.1%. The housing market’s slow, steady recovery continues as sales volume in all four regions...
View ArticlePending Home Sales Index Leaps To Multi-Year High
Homes were sold at a furious pace last month. According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and...
View ArticlePending Home Sales Index Cruises To Multi-Year High
Home buyers continue to push the U.S. housing market forward. In November, for the second straight month, the Pending Home Sales Index eclipsed its benchmark reading of 100, posting a value of 106.4....
View ArticleExisting Homes For Sale At Lowest Point In 11 Years
Home sales dropped last month, but not because demand was lacking. There are fewer homes for sale than at any time in the last 11 years. According to the National Association of REALTORS®, Existing...
View ArticlePending Home Sales Post 20th Consecutive Month Of Annual Gains
The National Association of REALTORS® (NAR) reports that the Pending Home Sales Index fell 4.3 percent in December as compared to the month prior. The index now reads 101.7. The Pending Home Sales...
View ArticleWhat’s Ahead For Mortgage Rates This Week – April 28, 2014
Last week’s economic news supported recent reports that home sales were fewer and home prices increased, but did so at a slower pace. The NAR reported a slower pace of existing home sales, and FHFA...
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