Pending home sales reverse course

DC-area home prices hit 10-year highlisting service bright mls says falling sales have reversed course as well. Total volume was $2.8 billion. region in April were the highest that month has seen in a decade. Pending sales – in which.

December Home Prices Rise 11%, Strongest Annual Gain Since 2005 – Excluding distressed sales, home prices rose 9.9% in December 2013 compared to 2012 and 0.2% month-over-month compared to November 2013. Building on the momentum of December’s growth, the CoreLogic.

pending home sales data are provided by NAR solely for use as a reference. No part of the data may be reproduced, stored in a retrieval system, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without NAR’s prior written consent for those who are not members of NAR.

BofA moves on principal reduction promised in AG settlement Will our clients get principal reduction? May 7, 2012. Bank of America has started sending letters to thousands of homeowners in the United States, offering to forgive a portion of the principal balance on their mortgages by an average of $150,000 each.

*The Pending home sales index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing.

Pending home sales are forward-looking indicators of future home sales activity, offering solid information on future changes in the direction of the market. A sale is listed as pending after a seller has accepted a sales contract on a property. The majority of pending home sales usually becomes closed sales transactions one to two months later.

Signed contracts to buy existing homes have fallen to their lowest level in four years, according to the National Association of Realtors, further signalling a slowdown in the US housing market. The.

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Pending home sales improved further in December, marking the fifth gain in the past six months, according to the National Association of Realtors. The Pending Home Sales Index, increased 2.0 percent.

If you’ve fallen in love with a home that is contingent or pending, you should get in touch with a Redfin real estate agent right away to explore your options for making an offer. Ways to Win. Make it a practice to see any home you’re interested in as soon as possible to avoid putting in offers on homes that are contingent or pending.

New-home sales reversed course in May, with sales of new, single-family homes up 2.9 percent to 610,000, according to the U.S. Census Bureau and the Department of.