The rise in interest rates and inflationary pressure have taken a toll on home purchases, as the sale of existing homes continues to slide.
Read More »Pending Home Sales Decline in February
Limited inventory and high demand continue to push the number of pending home sales downward, with contract signings down across all regions month-over-month, except for the Northeast.
Read More »Existing Home Sales Drop in February
Continuing a pattern of recent rises and declines over the last few months, existing home sales dropped in February 2022 according to the Existing Home Sales Report from ...
Read More »Pending Sales in the West Rose by 1.5% in January
While pending home sales in the west rose, the other three major regions experienced declines.
Read More »Pending Home Sales Slide 2.2% in November
Low housing supply and rising prices sent pending sales downward as contract signings dropped in all regions of the nation.
Read More »Existing-Home Sales Rise for Third Straight Month
A new report has found that eager home buyers are anticipating a rise in rates with home sales on the upswing in November.
Read More »Refi Interest Wanes as Rates Begin to Rise
As mortgage rates begin to ascend, overall mortgage purchase and refinance application volume has begun to tail off.
Read More »Continued Low Inventory Forces Uptick in Sales
NAR reports that pending home sales rose in October, with buyers fearing a spike in rates took advantage of the limited supply available.
Read More »Existing-Home Sales Rise for Second Consecutive Month
A slight month-over-month uptick of 0.8% in October continued the trend of a second straight month of gains for this metric.
Read More »Housing Starts Fall in October
Continued shortages in building materials, labor, and land contributed to a monthly decline in October new housing starts.
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