Tag Archives: Existing Home Sales

Existing Home Sales Approach Bull Market Territory

The housing market finished 2011 with strength, and is carrying measurable momentum into 2012.  According to data from the National Association of REALTORS®, on a seasonally-adjusted,......

What’s Ahead For Mortgage Rates This Week : January 23, 2012

The outlook for the U.S. economy improved last week, taking the mortgage bond market with it. For the first time this year, conforming mortgage rates rose throughout IL from one week to the ne......

Pending Home Sales Index Rises Back Above 100

Low home prices and mortgage rates have combined to push home affordability to record levels nationwide. Home buyers are taking advantage. The Pending Home Sales Index rose 7 percent in Novemb......

What’s Ahead For Mortgage Rates This Week : December 27, 2011

Mortgage markets worsened last week on renewed optimism from the Eurozone, additional evidence of a U.S. economic recovery, and ongoing strength in housing. The action sparked a stock market r......

Home Supplies Fall To 7.0 Months Nationwide; Buyer Demand Strong

Home resales moved to a 10-month high in November, the latest in a series of strong showings from the housing sector. According to the National Association of REALTORS®, November’s ......

More Housing Strength : Pending Home Sales Surged In October

If you’re waiting for home prices to reach its bottom, you may have missed your window. After 3 consecutive months of easing, the Pending Home Sales Index jumped 10 percent in October, ......

More Sales, Less Inventory : Home Prices Headed Higher?

The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide. According to data f......

Pending Home Sales Index Slips For 4th Straight Month

Nationwide, fewer homes are going under contract to sell. According to the National Association of REALTORS®, the Pending Home Sales Index fell 5 percent last month. September marks t......

Despite 18% Contract Failure Rate, Home Resales Stay Strong

Despite fewer homes for sale nationwide, the number of home resales remains steady. According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basi......

Existing Home Sales Jump; Home Supplies Falling

Are home resales rebounding? According to the National Association of REALTORS®, Existing Home Sales rose 8 percent in August from the month prior, and 19 percent as compared to August of......

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