Pending home sales reverse course

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Pending Home Sales Reverse Course in February, Rise 3.1%. Staff Report . Friday, March 30th, 2018. Pending home sales snapped back in much of the country in February, but weakening affordability and not enough inventory on the market restricted overall activity compared to a year ago, according.

Pending Home Sales Index – PHSI: An index created by the National Association of Realtors (NAR) that tracks homes sales in which a contract is signed but the sale has not yet closed. The pending.

Pending Home Sales data are provided by NAR solely for use as a reference. No part of the data may be reproduced, stored in a retrieval system, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without NAR’s prior written consent for those who are not members of NAR.

Pending home sales in the South climbed 1.1 percent to an index of 124.2 in June, but are 0.3 percent below a year ago. The index in the West inched forward 0.7 percent in June to 95.4, but is 5.6.

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What does Sale Pending mean in real estate? Does it mean the home is totally unobtainable? Or does an interested buyer still have a chance? Here’s what you should know to decide if a Sale Pending home may be worth pursuing.. Understanding the Home Purchase Contingency

* The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the.

Pending home sales fall to a 3-year low Many buyers assume that "sale pending" means the property is no longer available. But that’s not always the case. If you’ve fallen in love with a home that shows as pending, don’t immediately rule it out. Here’s what you need to know to decide if a "sale pending" home is still worth pursuing.

Pending Home Sales Reverse Course in February, Rise 3.1 Percent. March 29, 2018. Facebook. Twitter. WhatsApp. Linkedin. ReddIt. Email. washington (march 28, 2018) – Pending home sales snapped back in much of the country in February, Thank you for your interest in The Registry.

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