Pending Home Sales Drop For Second Straight Month

After a strong run to close out 2010, the market for home resales softened a bit in January. On a seasonally-adjusted basis, the Pending Home Sales Index dropped 3 percent last month, and December’s figures were revised downward for a loss, too, according to the National Association of...

Pending Home Sales At The Highest Levels Since April 2010

Another day, another strong report for housing. The Pending Home Sales Index climbed 2 percent in December, according to the National Association of REALTORS®. A “pending home sale” is an existing home under contract to sell, but not yet closed. Pending Home Sales are up for the fifth time...

Pending Home Sales Rises To 6-Month High

The housing market continues to expand, and surprise. According to the National Association of REALTORS®, November’s Pending Home Sales Index gained 3 percent from October. A “pending home sale” is a home under contract but not yet closed.  The index is now at its highest point...

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 Tacoma buyers into action. A “pending home sale” is an existing home under contract to sell, but not yet closed. The Pending Home Sales Index is at its highest level since April 2010...

Pending Home Sales Slip In September, Suggesting A Buyer’s Market Until January

After 3 straight months of improvement, the Pending Home Sales Index slid lower in September. As compared to August, September’s reading fell 2 percent. A “pending home sale” is a home under contract to sell, but not yet closed. The data is drawn from a combination of local real estate...

Pending Home Sales Data Points To Higher Home Prices This Fall

Consistent with calls of a housing rebound, the Pending Home Sales Index rose again in August. It marks the second straight month of improvement after May’s post-tax credit drop-off. A “pending home” is an existing home under contract to sell, but not yet closed. According to the National...

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