Pending home sales continue to climb

Pending Sales Beat Estimates, Resume Climb.. Pending home sales in the South jumped up 4.4 percent to 127.2. This is 0.7 percent higher than last march.. homeowners continue to Enjoy Price.

Buoyed by robust sales and a limited inventory, Long Island home prices continued to rise in October. The median price of pending home sales in Suffolk County was $357,000 last month, an 8.2.

Pending U.S. home sales climb 4.3% in August. A year earlier, the pending home sales index stood at 103.0. Pending sales fell in the North but rose in all other regions.

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*The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing.

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The National Association of Realtors (NAR) Wednesday morning released its data on pending sales of existing homes for the month of December. Jobs are plentiful, wages are finally climbing and the.

Shadow inventory falls 28% from its peak Shadow inventory falls 28% from its peak – – The nation’s shadow inventory of distressed properties is down substantially from peak levels reached in January 2010, Irvine, Calif.-based CoreLogic said Tuesday.. From its peak three years ago, the nation’s shadow inventory has fallen 28%, with 2.2 million units left sitting in the pipeline during the month of January.

The Pending Home Sales Index, a forward-looking indicator based on. areas and mortgage rates look to remain steady,” Yun continued.

"Already faced with climbing home prices and minimal listings in the affordable price range, fewer home shoppers in most of the country were successfully able to sign a contract," he added. After the.

The National Association of Realtors (NAR) Monday morning released its data on pending. continue to encounter instances where their offer is trumped by cash buyers and investors,” adds Yun..

Pending Home Sales Continue to Fall; NAR Scales Back Projections, Again Existing home sales continue to climb at highest pace since 2007 Megan Hopkins is a Reporter for HousingWire.

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After climbing for three straight months, pending home sales dipped slightly in June. shock and can make smart decisions on whether or not it makes sense to buy or continue renting.” Yun expects.