Items Tagged with 'Pending Home Sales'

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Affordability constraints hold back pending home sales

Investor activity at lowest point since 2009
Pending home sales barely moved in June as current market conditions such as low inventory and high home prices prevented more growth. Until inventory conditions markedly improve, prospective buyers are likely to run into situations of being priced out of the market or outbid on the very few properties for sale.
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Pending home sales surge to 10-year high

Seller's market overcomes industry roadblocks
Despite tight inventory and affordability concerns, Pending home sales still increased for the third consecutive month in April, surging to the highest level in over a decade. Here's why Lawrence Yun, National Association of Realtors' chief economist, said sales are beating the odds.
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Pending home sales jump to highest level in nearly a year

Housing market to finally slowdown in the West Coast?
Overcoming several roadblocks in housing, including rising home prices and low housing supply, pending home sales managed to increase in March for the second consecutive month, reaching their highest level in almost a year. However, this positive news changes depending on the region.
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California pending home sales decrease for third consecutive month

Real estate deals also become increasingly harder to find
It’s no secret that California holds some of the hottest markets for real estate, but its ever-increasing sales prices and lack of new inventory is reducing the number of sales. The California Association of Realtors made predictions for the 2016 market, but how close were those predictions to reality?
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Pending-home sales beat expectations

Gives positive outlook for spring home-buying season
After a disappointing winter season, the industry is looking to the spring to make up for some of the loss. The latest news in the National Association of Realtors’ pending-home sales report outlines what parts of the country are benefitting the most.
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Pending home sales to lag until inventory crisis ends

Path to homeownership an 'uphill climb'
The year isn’t starting off too hot, with inventory shortages and rising home prices once again impeding any potential housing growth. If something doesn’t change in new and existing homes for sale, the path to homeownership will remain an uphill climb.
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