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affordability: Pending Home Sales and Affordability Making a Run for the Top!!! - 09/02/09 12:54 AM
Since the creation of the pending home sales index, never has there been such a rise in the volume of contracts until now.  According to Realtor Magazine the last six months have seen a consistant rise
in the number of pending sales contracts.  This could have also attributed to the 9.6% rise in home sales during the month in June.  Currently the index is resting at its highest point since 2007 when it settled at 100.7.
Home sales have been on the run as well.  The chief economist at NAR Lawrence Yun stated the momentum in the housing market has increased and made a … (0 comments)

 

George Sarran

San Antonio, TX

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Exit Pleasant Realty

Address: 2639 Nacogdoches Road, San Antonio, TX, 78217

Office Phone: (210) 829-5778

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