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Tag Archives: Pending Home Sales Index
US Pending Home Sales Tick Upward in March
“Contract activity has been in a narrow range in recent months, not from a pause in demand but because of limited supply,” said Realtors chief economist Lawrence Yun in a release. “Little movement is expected in the near-term sales closings, … Continue reading
Posted in Real Estate News
Tagged Chief Economist, Contract Activity, Crash, Economist Lawrence, Existing Home Sales, Government Mortgage, Home Builders, Inventories, Limited Supply, Map, Midwest, Mortgages, Norms, Pending Home Sales Index, Real Estate, Realtors, Sales Contract, Several Factors, Single Family, Spring Season
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Pending home sales slip in February
Posted in Real Estate News
Tagged Association Of Realtors, Change Of Direction, Chief Economist, Community Banks, Construction Loans, Contract Activity, Contract Signings, Credit Unions, Dow Jones, Dow Jones Industrial Average, Home Contracts, Homebuyer Tax Credit, Housing News, Index Score, Local Home Builders, National Association Of Realtors, New Home Construction, Pending Home Sales Index, Regulatory Rules, Sp 500
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Pending Home Sales Soar Despite Rough Winter
Banks have been slow to put foreclosed homes up for sale recently, possibly waiting for prices to improve further. While some expected a surge in inventory once home prices began to improve, that so-called “shadow supply,” has yet to emerge. … Continue reading
Pending Home Sales Beat Expectations in July
Despite expectations of a drop-off in home sales this fall, a forward-looking indicator shows a growing number of buyers are jumping back into the housing market. The National Association of Realtors’ Pending Home Sales Index rose 2.4 percent in July … Continue reading
Posted in Denver Real Estate News
Tagged Association Of Realtors, Chief Economist, Contract Activity, Contracts, Diana Olick, Economist Lawrence, Existing Home Sales, Foreclosures, Home Buyer, Home Purchases, Housing Market, Million Dollar Homes, Mortgages, National Association Of Realtors, Pending Home Sales Index, Phoenix Ariz, Single Family, Tax Credit, Vacation Home, Worth Investors
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Pending Home Sales Fall in June Due to ‘Fewer Listings’
Home buyers signed fewer contracts to buy existing homes in June, despite renewed optimism in the overall housing recovery. The pending home sales index from the National Association of Realtors fell 1.4 percent from May. It is up 9.5% from … Continue reading
Posted in Denver Real Estate News
Tagged Appraisal Issues, Association Of Realtors, Bank Owned Properties, Buyer Interest, Chief Economist, Distressed Properties, Distressed Sales, Existing Home Sales, First Time Buyers, Housing Market, Housing Starts, Inventory Shortages, Investor Purchases, Mortgage Applications, Mortgage Market, Nar, National Association Of Realtors, Pending Home Sales Index, Previ, Steady Decline
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Strong Housing Numbers, Still Slow Recovery
The number of home buyers signing contracts to buy existing homes jumped nearly six percent in May to the highest level since April of 2010, according to a new report from the National Association of Realtors. Back then buyers were … Continue reading
Posted in Denver Real Estate News
Tagged Association Of Realtors, Chief Economist, Cnbc, Comptroller Of The Currency, Delinquent Loans, Distressed Properties, Home Builder, Housing Affordability, Jim Cramer, Mortgage Delinquencies, Nar, National Association Of Realtors, Negative Equity, New Home Construction, New Houses, Occ, Office Of The Comptroller, Office Of The Comptroller Of The Currency, Pending Home Sales Index, Tight Credit
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Home Sales Contracts Rise 4.1% in March
More buyers signed contracts to buy existing homes in March than the previous month, according to a monthly survey just released by the National Association of Realtors. The Pending Home Sales Index rose 4.1 percent from February and is now … Continue reading
Posted in Denver Real Estate News
Tagged Appraisals, Association Of Realtors, Bump, Cancellations, Chief Economist, Contract Activity, Diana Olick, Distressed Properties, Distressed Sales, Economist Lawrence, First Quarter, Foreclosure, Housing Market, National Association Of Realtors, Pending Home Sales Index, Quarterly Volume, Spike, Tight Credit, Upwards, Warm Winter
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Cancellations Roil Realtors
Forecasters expected sales of existing homes to rise in June because the pending home sales index, which measures signed contracts, rose in May. If you consider it takes 1-2 months to close, then there’s your indicator. But that was not … Continue reading
Posted in Denver Real Estate News
Tagged Association Of Realtors, Cancellations, Case Sales, Chief Economist, Chronic Problems, Conforming Loan Limits, Consumer Confidence, Contract Cancellation, Economic Activity, Existing Home, Forecasters, Job Creation, Jumbo Loans, National Association Of Realtors, New Home Construction, Pending Home Sales Index, Prognosticators, Second Thoughts, Slow Pace, Strange Phenomenon
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Struggling to Make a House Call on Confidence
Today’s report on consumer confidence, or the striking lack of it, is yet another sign that housing is going to be in a very sticky state for a while. It’s hard to say whether housing is weighing on confidence or … Continue reading
Posted in Denver Real Estate News
Tagged Arc, Bad News, Consumer Confidence, Distressed Properties, Drawing Board, Flood, Historical Perspective, Home Builder, House Call, Lack Of Confidence, Market Regulators, Material Costs, Mortgage Market, National Numbers, Pending Home Sales Index, Prognosticators, Risk Retention, Sales Numbers, Sentiment, Uncertainty
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If Mortgage Rates Keep Falling, Why Are Home Sales So Bad?
As mortgage rates continue to fall, so too are home sales. That wouldn’t make sense in a normal housing market, but these are very unique times. Credit, or lack thereof, coupled with extremely weak consumer confidence is keeping potential buyers … Continue reading
Posted in Denver Real Estate News
Tagged Association Of Realtors, Bad Weather, Bump, Catalyst, Chief Economist, Consumer Confidence, Contract Signings, Economist Lawrence, Fence, Freddie Mac, Home Buyer, Housing Market, Miller Tabak, Mortgage Rates, Mortgage Underwriting, National Association Of Realtors, Pending Home Sales Index, Pullback, Sales Contracts, Tax Credit
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