pending: Pending home sales in February up in the West.
- 04/10/08 10:53 AM
I heard in a news report on Tuesday that the amount of homes that went pending in February was down 1.9%. Of course this is a national average. I was sort of surprised because here in my office our open escrows have grown since January. As I looked closer at the data I found some really good news for us here in the Western states. The Pending Home Sales Index is a forward-looking indicator based on contracts signed in February. The PHSI in the Northeast rose 3.2 percent in February (to 71.8) but remains 25.4 percent below a year ago. In the … (4 comments)
pending: Pending home sales in February up in the West.
- 04/10/08 10:53 AM
I heard in a news report on Tuesday that the amount of homes that went pending in February was down 1.9%. Of course this is a national average. I was sort of surprised because here in my office our open escrows have grown since January. As I looked closer at the data I found some really good news for us here in the Western states. The Pending Home Sales Index is a forward-looking indicator based on contracts signed in February. The PHSI in the Northeast rose 3.2 percent in February (to 71.8) but remains 25.4 percent below a year ago. In the … (1 comments)
I heard in a news report on Tuesday that the amount of homes that went pending in February was down 1.9%. Of course this is a national average. I was sort of surprised because here in my office our open escrows have grown since January. As I looked closer at the data I found some really good news for us here in the Western states.;)
;)
