Both competition and the speed with which homes have been selling have passed their previous record-high peaks. However, most homes are still selling within two weeks and for more than list price.
Read More »High Prices Are Causing Homebuyers to Retreat
A new study found that pending home sales fell in June, with record low rates not enough to lure potential homebuyers to a market currently experiencing a spike in prices.
Read More »Obstacles Not Deterring Homebuyers
Bidding wars and record high price tags did not slow pending home sales over the past month, as record-low mortgage rates are still luring buyers into the market.
Read More »The Week Ahead: Just How Much Has the Market Cooled?
Continued low inventory and increasing affordability issues remain obstacles in a market experiencing continued low rates, as NAR issues key data gauging the course of the market to wrap up Q2.
Read More »High Price Points Impact April Sales
Affordability remains a major stumbling block for homebuyers, with a dwindling supply forcing more to hold off making a home purchase.
Read More »Pending Home Sales Report: Uptick in Contract Signings
Here’s what economists attribute the increase to, and why they describe the winter housing market as “incredibly swift."
Read More »Homebuyers Growing ‘Frustrated’
Click through to read what is causing angst amongst prospective homeowners in the current market.
Read More »Newly Pending Home Sales up 13%
Click through to read more on the national inventory and new for-sale listings.
Read More »Pending Home Sales See Biggest Gain Since 2001
Commentary on the report called the increase a “spectacular recovery” and a testament to desire of the American consumer.
Read More »The Week Ahead: Can Pending Home Sales Turn Around?
Also coming in The Week Ahead, CoreLogic will release its latest Case-Shiller Index, the Census Bureau will reveal its construction spending report, and the House Financial Services Committee will hold a hearing with the Federal Reserve on its response to COVID-19.
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