The National Association of REALTORS® Pending Home Sales Index rose for the third straight month last month.
Tag Archives | Existing Home Sales
What’s Ahead For California Mortgage Rates: August 30, 2010
When Chairman Bernanke talks, markets listen. His comments about the U.S. economy helped fuel a late-Friday surge in mortgage rates last week.
Existing Home Sales Plummet In July; Home Buyers Gain Leverage
The number of home resales plunged by 1.4 million units in July. Home buyers may uncover opportunities for a deal.
What’s Ahead For California Mortgage Rates: July 26, 2010
Mortgage rates in California rose last week, but only slightly. Rate are still hovering near their lowest levels of all-time.
Pending Home Sales Data Shows Prices are Going Up and Great Deals May Be 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.
Supply Of New Built Homes Just Dropped Off A Cliff
At the current sales pace, the nation’s complete supply of new homes would be sold in just 5 month’s time. That’s more than double the pace of a year ago.
Home Supplies Tick Higher, Creating An Opening For Today’s Home Buyers
According to the National Association of Realtors®, although the number of homes sold ticked higher in April, so did the supply of existing homes for sale, too. Sellers are now listing homes faster than buyers can buy them.
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