Tag Archives: Contract Signings

Pending Home Sales Soar 6.7 Percent to 6-Year High

“Even with limited choices, it appears some of the rise in contract signings could be from buyers wanting to take advantage of current affordability conditions before mortgage interest rates move higher,” said Lawrence Yun, chief economist for the Realtors. “This … Continue reading

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After Brisk Summer, Pending Home Sales Drop in August

Fewer Americans signed contracts to buy existing homes in August. After gains in home sales over the spring and summer, an industry survey surprised expectations, registering a 2.6 percent drop in pending home sales from July. This drop forecasts that … Continue reading

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If Mortgage Rates Keep Falling, Why Are Home Sales So Bad?

Page 1 of 2 | Next PageShow Entire Article 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 … Continue reading

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