Items Tagged with 'Pending Home Sales'

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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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Pending home sales barely increase, driven by surge in the Northeast

There’s a silver lining for potential homebuyers
After a series of declines, pending home sales, while small, posted a slight increase, largely fueled by a surge in the Northeast. On the positive side, NAR’s chief economist, said that the silver lining from the market turmoil in recent weeks is the fact that mortgage rates have stayed low.
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California housing positioned for strong 2016

New report shows pending home sales increase in December
A new report from the California Association of Realtors shows that California pending home sales continued to progress through 2015 with solid gains, which will position the market for a modest increase in home sales in 2016.
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Existing-home sales surge in TRID aftermath

NAR President: Near-term challenges still prevalent
The immediate impact of the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures rule in October is quickly coming to light as existing-home sales bounce back after November’s steep drop. But before celebrating, NAR President Tom Salomone cautioned that data is still showing longer closing timeframes, which is a reminder that the near-term challenges they anticipated are still prevalent.
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Pending home sales struggle to overcome housing headwinds

Drops for third time in four months
Pending home sales once again struggled to overcome housing headwinds and slightly declined for the third time in four months. And according to the National Association of Realtors’ chief economist, the struggles will continue when spring buying season begins.
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