nar pending home sales: Pending Home Sales is UP! This is Good! - 03/01/12 01:11 AM
Pending Sales are up in Jan. 2012, according to the newly released report by NAR (National Association of Realtors). It is the highest it has been since April 2010, which was when the First Time Homebuyer Tax Credit was still in place.

The Northeast area rose 7.6 percent to 78.2 in January, which is 9.8 percent above January 2011.
The Midwest declined 3.8 percent to 88.1 but is 10.8 percent above January 2011.
The South increased 7.7 percent to an index of 109.1 in January and is 10.5 percent above 2011.
The West fell 4.4 percent in January to 101.9 … (3 comments)