Pending home sales are down, but prospects for 2019 are good

With consumers growing increasingly concerned about the economy and home prices increasing more, pending home sales slumped at the end of 2018, according to new data from the National Association of Realtors. The NAR’s Pending Home Sales Index is said to be a key forward-looking indicator of real estate market activity, based on contract signings.

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Government shutdown leads to thousands of missed mortgage payments

The effects of the federal government shutdown on the housing market are wide-ranging and personal — unpaid workers still have to pay their mortgage or rent, while aspiring homeowners might see their loans in limbo. About 800,000 workers aren’t being paid (about 380,000 are furloughed and another 420,000 are working without pay), and still must

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What the Government Shutdown Means for Real Estate

As Congress denied funding for many government operations Oct. 1, Realtors and those with an interest in buying or selling a house might be wondering what it means for them. For those getting a loan, things might slow down a bit in the wake of the shutdown, according to the National Association of Realtors. The

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