Tag Archives: Pending-Home Sales

Homebuyers are beginning to take back the wheel from homesellers, who have mostly prevailed over the last two years, as Redfin reports that more sellers are dropping the ...

Month-over-month, pending sales of homes in the U.S. remain in decline, as escalating rates have bumped up the cost of purchasing a home by more than 25% year-over-year.

According to a new report from Redfin, the share of home sellers who dropped their asking price jumped to a six-month-high of 15% for the four weeks ending ...

Mortgage rates hit levels last seen in May 2020 to kick off the new year, with affordability remaining a hurdle faced by many first-time buyers due to record-high prices.

Homebuyers who purchased homes over the holidays paid high prices due to a surge in demand and an ongoing supply shortage.

Low housing supply and rising prices sent pending sales downward as contract signings dropped in all regions of the nation.

After two months of declines, pending home sales found their way onto the path to recovery at the end of Q3 2021.

NAR is set to release their latest analysis of pending home sales, as buyer interest is increasingly waning due to high asking prices.

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.

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.