If you're a seller racking your brain for why your home hasn't sold yet, this National Association of Realtors article might be able to shed some light--albeit dim--on the answer.
Excerpt: Pending home sales cooled in September for the second straight month and to their second lowest index reading in 2015, according to the National Association of Realtors®. All four major regions experienced a pullback in activity in September. Despite contract activity softening from the more robust levels seen earlier this year, Yun believes the housing market will still likely be one of the brighter spots in the economy in coming months. "With interest rates hovering around 4 percent, rents rising at a near 8–year high, and job growth holding strong — albeit at a more modest pace than earlier this year — the overall demand for buying should stay at a healthy level despite some weakness in the overall economy."
To read the full article and more about how the lull in home sales is actually looking up, click here. Source
The Faeth Team...Showing You the Way Home.
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