Pending Home Sales Rise in JunePosted: August 05, 2011 at 8:35 AM by Deron TuckerPending home sales increased in June following a wide swing down in April and then up in May, according to the National Association of Realtors®. Activity increased in the West and South but declined in the Midwest and Northeast; all regions show strong double-digit gains from a year ago.The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 2.4 percent to 90.9 in June from 88.8 in May and is 19.8 percent above the 75.9 reading in June 2010, which was the read more |
Pending Home Sales Rise Again in MarchPosted: May 03, 2011 at 7:06 AM by Deron TuckerMarch saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of Realtors®.The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 5.1 percent to 94.1 in March from a downwardly revised 89.5 in February. The index is 11.4 percent below 106.2 in March 2010; however, activity was at elevated levels in March and April of 2010 to meet the contract deadline for the home buy read more |
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Pending Home Sales Edge HigherPosted: March 30, 2011 at 4:35 PM by Deron TuckerThe Pending Home Sales Index, which reflects contracts signed but not closed, rose 2.1 percent in February from the previous month, but was 8.2 percent below February 2010, NAR reported today. Since bottoming out in June 2010, pending home sales have risen steadily and are now 20 percent above the low point following the expiration of the homebuyer tax credit. In the Northeast, pending sales fell 10.9 percent in February and are 18.4 percent below a year ago. In the Midwest, pending sales rose 4.0 perce read more |
Owners, Renters Agree: Owning a Home is a Smart DecisionPosted: February 02, 2011 at 1:44 PM by Deron TuckerA substantial majority of both home owners and current renters agree that owning a home is a smart decision over the long term. That’s according to the results of a National Association of Realtors® survey of 3,793 adults conducted online by Harris Interactive.The American Attitudes About Homeownership survey found that in today’s challenging economy, 95 percent of owners and 72 percent of renters believe that over a period of several years, it makes more sense to own a home. In add read more |
