Pending home sales rose with many first-time buyers taking advantage of historically good housing affordability conditions, according to the latest report by the NATIONAL ASSOCIATION OF REALTORS ®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, increased 3.2 percent to 84.6 from a level of 82 in February. It [...]
Archive for May, 2009
NAR: Pending Home Sales, Affordability Rise
Posted in Positive Economic News, Real Estate News, tagged Housing Affordability Index, Pending Home Sales, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on May 4, 2009 | 1 Comment »
