For the fourth time in five months, pending home sales fell in all regions. Economist Lawrence Yun believes the housing market could be stuck in a holding pattern with little sign of breaking through.
Read More »Not Enough to Go Around
Between real estate investors, first time homebuyers, and repeat buyers, the current market has been bustling with new home hopefuls. See how it reflects in the recent pending home sale report in the Video Spotlight.
Read More »Low Inventory Hinders High Rates of Pending Home Sales
The National Association of Realtor's Pending Home Sales Index showed an increase in pending home sales, the highest inn a year, and second highest in a decade. However, limited inventory continues to dampen the market, especially among homes in the low- and mid-market price range.
Read More »The Week Ahead: What’s Next for Pending Home Sales?
On Wednesday, March 29th, the National Association of Realtor (NAR) will be releasing its latest Pending Home Sales Index. Lawrence Yun, Chief Economist for NAR, stated that a decline in contract signings during December 2016 indicated that activity will likely be “choppy in coming months,” as buyers struggle to find the perfect home in their price range. Also, read the full lineup of industry reports that will be releasing this week.
Read More »The Week Ahead: Can Pending Home Sales Rebound?
November showed poor performance for pending homes sales, according to NAR. What can be expected in the coming week as they release their December report?
Read More »Pending Home Sales at Lowest Level in a Year
The ongoing inventory shortage is having an adverse effect on contract signings for homes, according to the National Association of Realtors.
Read More »The Week Ahead: Competition Heating Up for Housing
The most recent pending home sales report, based on contract signings, from the National Association of Realtors indicated that buyers are snapping up homes as quickly as possible. Will this trend continue?
Read More »Buyers Working Quickly to Grab What’s Available
The ongoing short supply of available homes for sale appears to have created a sense of urgency among some buyers, according to one analysis.
Read More »Housing Inventory: It’s ‘Painfully Low’
Single-family housing inventory has been tight for many months, and it’s having an adverse effect on the housing market.
Read More »Are Slow Pending Home Sales a Bad Omen for Housing?
Pending home sales have cooled off in three of the past four months. Could this be a sign of a stalling housing market?
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