by Jon Terry | Feb 18, 2012 | Blog, Housing Analysis
Low home prices and mortgage rates have combined to push home affordability to record levels nationwide. Home buyers are taking advantage. The Pending Home Sales Index rose 7 percent in November to rise to its highest level since April 2010, the last month of last...
by Jon Terry | Oct 28, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Real Estate Definitions, Residential Real Estate, The Economy
Nationwide, fewer homes are going under contract to sell. According to the National Association of REALTORS®, the Pending Home Sales Index fell 5 percent last month. September marks the fourth consecutive month in which the index has dropped. The Pending Home Sales...