The Pending Home Sales Index failed to rebound from a cliff-dive in May, falling by another 3 percent more in June.  The index remains at record-low levels. A “pending home sale” is a home under contract to sell, but not yet closed. The data is culled from local real estate associations...

The Pending Home Sales Index plunged in May 2010, just one month after the expiration of the federal home buyer tax credit program. The Pending Home Sales Index is now at a record-low level. A “pending home sale” is an existing home under contract to sell, but not yet closed. According to...

The Pending Home Sales Index shot higher in April as low mortgage rates and a soon-to-expire federal tax credit spurred home buying in Seattle and across the county. A “pending home sale” is a home that’s under contract to sell but not yet closed. Region-by-region, April’s pending...