Pending Home Sales Index Points To A Budding Seller’s Market
The Pending Home Sales Index surged 10 percent in October as low mortgage rates and low home prices spurred buyers into action. The market looks different today, however.
Pending Home Sales Slip In September, Suggesting A Buyer’s Market Until January
So long as mortgage rates remain rock bottom, the autumn season is looking like a terrific time to buy.
New Home Housing Stock Drops To A 5-Month Low
After improving 1 percent in August, New Home Sales popped another 7 percent in September. It's no wonder homebuilder confidence is at a 5-month high.
Home Values Up 0.4 Percent In August, On Average
The Federal Home Finance Agency's data showed values up 0.4 percent nationwide, on average. Region-by-region, however, the results were scattered. Coastal states tended to perform poorly. Plains states tended to perform well.
Home Sales Are Back On The Rise After A 2-Month Pullback
Just one week after reports of Existing Home Sales and New Home Sales plunging, the housing market signaled that the next few months may fare better than did May and June.
As The Pending Home Sales Index Falls, Home Buyers See Dollar Signs
June's Pending Home Sales Index is weak by most measures, but if you're a home buyer, the headlines aren't so bad. Fewer home sales can push negotiation leverage to the buy-side of a transaction.
Pending Home Sales Data Shows Great Deals On Homes Are Getting 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.
Existing Home Sales Flatten And Point To A Much Better Spring
As expected, Existing Home Sales fell in February, slipping 30,000 units versus January's numbers. It's the 4th straight month in which Existing Home Sales were lower, month-over-month. But it may not last long.
Pending Home Sales Drag In January, But Should Rebound For Spring
Fewer homes went under contract in January as the housing market continues to limp through the winter months. According to the National Association of Realtors®, the Pending Home Sales Index fell to its lowest level in 3 quarters this January. By contrast, in October 2009, the index had touched a 3-year high.
Fannie Mae Gets Tougher on Borrowers Again
Fannie Mae raised the bar for mortgage applicants this past [...]
Home Buyer Tax Credit Extended – Our Government can work!
Image via Wikipedia The First Time Home Buyer's Tax Credit [...]
Does Shrinking Inventory Mean Buyers Need to Hurry?
The national housing supply fell to a 2-year low last [...]