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Pending Home Sales Slowed In August
Pending home sales slowed in August, with all regions posting declines except for the West, according to the National Association of REALTORS®’, Pending Home Sales Index,a forward-looking indicator based on contract signings. NAR says that fewer distressed sales and less … Continue reading
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Loan Demand Dropped 7.2%
Mortgage rates continue to hover near yearly lows, but the low rates aren’t creating a rush from home buyers or home owners. The Mortgage Bankers Association reports that its seasonally adjusted index of mortgage application activity, which reflects applications for … Continue reading
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Pending Home Sales Increased in July
Pending home sales mostly increased across the country during the month of July, with all regions except for the Midwest experiencing contract signing gains. The National Association of REALTORS®’ Pending Home Sales Index, which is based on pending sales of … Continue reading
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Pending Home Sales Drop in June
Following three consecutive months of gains, pending home sales drop 1.1 percent in June, the National Association of REALTORS® reports. NAR’s Pending Home Sales Index, a forward-looking indicator based on contract signings, was at 102.7 in June, down 7.3 percent … Continue reading
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Concern Over Weakening Home Sales and Housing Starts
Home sales and housing starts have weakened in recent months, at a time when many in the industry had expected a seasonal pick-up. Federal Reserve Chair Janet Yellen told Congress last week that the recent housing slowdown “could prove more … Continue reading
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Tagged flatfee.com, home sales, housing recovery, housing starts, mls list your home
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