Stacie Hartman

The Mortgage Blog of Stacie Hartman

Pending Home Sales Fall

According to the National Association of Realtors, the Pending Home Sales Index fell 7.6 percent in January but remains 12.3 percent higher than it was during the same month last year. Pending sales, based on contracts signed during the month, typically lead existing sales by a month or two. Lawrence Yun, the NAR’s chief economist, expects near-term sales to be weak followed by a surge of existing-home sales in April, May, and June. More here.

Advertisements

Filed under: Uncategorized, , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: