Tag Archives: Contracts

Investors are moving out of housing. Here’s why

First-time homebuyers could say the same. Usually about 40 to 45 percent of the market, they made up just 29 percent of buyers in June, according to the National Association of Realtors. A lack of supply has made the market … Continue reading

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Fast rising mortgage rates are dire for housing

Hanson is predicting a 19 percent jump in contract cancelations for the home builders for sales made between December 2012 and June of this year. That is because 70 percent of homes sold in that time were not built yet, … Continue reading

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Fast Rising Mortgage Rates Are Dire for Housing

Hanson is predicting a 19 percent jump in contract cancelations for the home builders for sales made between December 2012 and June of this year. That is because 70 percent of homes sold in that time were not built yet, … Continue reading

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Fast Rising Mortgage Rates Are Dire For Housing

Hanson is predicting a 19 percent jump in contract cancelations for the home builders for sales made between December 2012 and June of this year. That is because 70 percent of homes sold in that time were not built yet, … Continue reading

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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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