Although some may think it is too difficult to compete against all the foreclosures and short sales on the market, it can be done – if sellers are smart and savvy. Below are five tips every home seller should know. Price Point is the Key: Every real estate professional out there will attest that the […]
Pending Home Sales Rise 4.3% in August
Pending home sales rose 4.3% in August from the month earlier but remain significantly lower than the year ago, and any “sudden rise in mortgage rates could slow the recovery.” The National Association of Realtors said its pending home sales index, which is based on contracts signed, was 82.3 for the month, up from a […]
Existing Home Sales Dip in May But Remain at Elevated Levels
Existing Home Sales Dip in May But Remain at Elevated Levels Following two consecutive months of increases, existing-home sales fell slightly from April to May but were still significantly higher than year-ago levels According to the National Association of Realtors report, existing-home sales were at a seasonally adjusted annual rate of 5.66 million units in […]
Pending Home Sales Down – Severe Weather To Blame
Pending Home Sales Down – Severe Weather To Blame Pending home sales are down and additional declines are expected from abnormal weather conditions, according to the National Association of Realtors®. Moreover, the abnormally severe and prolonged winter weather, which affected large regions of the U.S., hampered shopping activity in February. The Pending Home Sales Index, […]
Pending Home Sales Showing Improvement
Pending Home Sales Showing Improvement Recent data finds that pending home sales are holding steady over the past couple of months, while indicating that market conditions have improved considerably since the height of the recession. According to the National Association of Realtors, its pending home sales index increased to 96.6 in December, marking a 1 […]