Nationawide on a seasonally-adjusted basis, the Pending Home Sales Index rose 2.7% here in the Southeast while they rose 2 percent last month nationwide, according to the National Association of REALTORS. A "pending home sale" is defined as a home under contract to sell, but not yet closed. February's Pending Home Sales Index rebound breaks a 2-month losing streak, and reverses the recent downward momentum in housing. BothExisting Home Sales and New Home Sales volume showed a sizable loss last month. For buyers and sellers of real estate in Georgia , the Pending Home Sales Index is of particular import. It's one of the few … (0 comments)
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