Last month saw the number of new contract signings slump quite dramatically, as the industry suffers from an acute shortage of available housing inventory, the National Association of Realtors said on Thursday. The NAR’s Pending Home Sales Index, which is a forward-looking indicator based on contract signings, found that the only U.S. region to see […]
Expenses You Should Be Aware of When Selling Your Home
December 8, 2016 by
Selling a property is a big decision to make and most sellers only focus on the price they will get for their former residence. However, when you sell a property, you should
Contract signings down again as low inventory holds back the market
September 30, 2016 by
Pending home sales declined for the third time in four months this August, falling to their lowest level since January of this, according to the National Association of Realtors (NAR).
US Home Sales Are Slightly Slipping
August 10, 2016 by
The bidding wars on houses began slowing down in May. It’s being caused by a combination of a shortage of supply and too high of prices. Pending home sales fell 3.7 percent between April and May according to the National Association of Realtors®. Sales are also down from a year
Pending Home Sales Rise for 2nd Successive Month
December 2, 2014 by
For the second consecutive month, pending home sales were above year-ago levels–rising 2.2 percent over October 2013
Number of Pending Home Sales Increase in March
April 30, 2014 by
Last month, the number of pending home sales, which are contracts to buy previously owned homes in the United States, increased for the first time in nine months. This is seen as being a positive sign that the housing market might be stabilizing, leaving behind the effects of a severe winter and increases in interest […]
Sales Data + Case-Schiller Composite Shows Impact Of Cash Buyers
April 2, 2012 by
Previously, I pointed out that the uptick in home sales in many areas is being driven by all cash buyers, many of whom are real estate investors. Well, actually let me say right here that anyone smart enough to be buying in the current market at today’s prices IS a real estate investor, and a darn good one at that.
