Pending home sales data for last month show monthly gains in the Midwest and South and a pullback in the higher-priced Northeast and West.
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The housing market isn’t off to a good start this year. The number of homes that are under contract fell in January, says a recent report.
The post The Housing Market’s Unhappy New Year: Fewer Homes Go Under Contract as Mortgage Rates Rise appeared first on Real Estate News & Insights | realtor.com®.
Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020.
The post December pending home sales surge past expectations appeared first on Atlanta Agent Magazine.
Economists are divided on whether home prices will go up or down for the rest of 2023.
The post When Will Home Prices Drop? Here’s What 6 Economists Say. appeared first on Real Estate News & Insights | realtor.com®.
Existing-home sales will fall in 2023 to the lowest rate since 2008, National Association of Realtors forecasts.
The post U.S. Pending Home Sales Stay Near Record Low Despite Modest Pickup in September appeared first on Real Estate News & Insights | realtor.com®.
Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said.
The post NAR: Pending-home sales fall 7.1% on high interest rates appeared first on Atlanta Agent Magazine.
“Increased housing inventory and better interest rates are essential to revive the housing market,” Lawrence Yun of the National Association of Realtors says.
The post Contract Signings for U.S. Homes Drop in August to Lowest Level Since April 2020 appeared first on Real Estate News & Insights | realtor.com®.
Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity.
The post NAR: Pending-home sales post second monthly increase in a row appeared first on Atlanta Agent Magazine.
“The recovery has not taken place, but the housing recession is over,” Lawrence Yun of the National Association of Realtors says.
The post ‘The Housing Recession Is Over,’ Real-Estate Group Says, as Pending Home Sales Tick Up for the First Time in 4 Months appeared first on Real Estate News & Insights | realtor.com®.
The industry group issued its housing-market forecast along with its monthly Pending Home Sales Index for June.
The post NAR: Pending-home sales rise for the first time in four months appeared first on Atlanta Agent Magazine.