First Time Home Buyers
Currently viewing the tag: "Pending Home Sales"
The 2010 housing market finished on a tear, and that momentum is carrying forward into 2011. Expect the spring season to show strongly, and for home prices to be on the rise.
Continue Reading →Barring any massive changes, housing looks as healthy as it has in quite a few years.
Continue Reading →Low mortgage rates and low home prices have spurred buyers back into action. A “pending home sale” is an existing home under contract to sell, but not yet closed.
Continue Reading →Overall, buyers are being drawn into housing by low mortgage rates, affordable homes, and ample supply. If the August Pending Home Sales Index is foreshadowing the fall housing market, home prices appear slated to rise.
Continue Reading →Mortgage rates have moved higher by anywhere from 0.25% to 0.375% higher. Today’s FHA mortgage rate has seen similar pressure.
Continue Reading →For at least the next month or two, the single-driving factor to mortgage rates is whether things are absolutely worst-case or anything better. If the economy, housing, and everything else falls apart, mortgage rates are priced for that and will remain steady. An iota of recovery could mean many iotas of rate increases.
Continue Reading →Against all odds and common sense, mortgage rates improved last week.
The Fed turned off the $1.25T faucet and all expectations were for rates to surge higher. Instead, the geopolitical nightmare that is Greece and the Continue Reading →
Exactly as expected, Pending Home Sales jumped in February. This is likely to be one of three consecutive very hot marks in a row.
We’re up 8% over January’s figure and right in line with the countdown to the end of last year’s Continue Reading →
This was fully expected, but it is important to first time home buyers: Pending Home Sales spiked 8% higher versus January’s figures.
Continue Reading →The Pending Home Sales Index rose slightly in December, climbing 1 percent from November.
It’s a figure compiled by the National Association of Realtors
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