Pending Home Sales Rise For 3rd Straight Month

By
Mortgage and Lending with Chris Brown | Certified Mortgage Planners NMLS 303797

 

Pending Home Sales 2009-2011Buyers are writing contracts at a furious pace nationwide.

On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March.

A "pending home sale" is a home under contract to sell, but not yet closed. 

The forward-looking Pending Home Sales Index is up 11 percent from its low of the year, according to the National Association of REALTORS®, and well ahead of its.....

 

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Pending Home Sales Rise For 3rd Straight Month

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