Tag Archives: pending sales

Rising wages and job growth pushed pending home sales up slightly in May

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New numbers from the National Association of Realtors show that pending sales rose 1.1 percent year over year in May. Continue reading →

Can tariff walkbacks keep the economy humming? Economist

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Windermere Economist Jeff Tucker looks at how tariff walkbacks may signal that some of the Trump administration’s potentially damaging policy changes could be reversed. Continue reading →

Homebuyers remain sidelined despite more listing options

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Even with an uptick in new listings, homebuyers aren’t rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin’s latest data analysis. Over the … Continue reading →

New listings rise while high rates tamp down homebuyer demand

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New listings rose 8 percent toward the end of the year, but high mortgage rates and home prices have kept buyers on the sidelines as homes spend more time on market, reports say. Continue reading →

Typical monthly mortgage plunges from all-time high recorded in April

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The latest adjustment marks the lowest a typical payment has been in six months — and, with a mere 1 percent month-over-month increase, the smallest uptick in five years, according to a Redfin analysis. Continue reading →

Steep home-price growth hampers February pending sales

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Rising home prices and mortgage rates stifled pending home sales in February, according to the National Association of Realtors on Thursday. The Pending Home Sales Index, which is a forward-looking indicator based on contract signings, was 75.6 in Febr… Continue reading →

Mortgage rates lead to biggest pending sales drop since October

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Rising interest rates and harsh winter weather have dampened homebuyer activity, leading to the biggest drop in pending sales since October. However, there’s optimism for a rebound as spring approaches, fueled by increasing home tours and new listings. Continue reading →

Pending home sales stagnate in November despite rate relief

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November’s numbers show pending sales didn’t move compared to October, but lower rates did apparently lead to more lockbox openings — hinting that better days lie ahead. Continue reading →

Rates keep falling, and buyers and sellers are springing into action

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Listings and pending sales hit the highest level in roughly a year, according to a new report from Redfin. Still, a record number of contracts were canceled. Continue reading →

Buyers continue downward spiral, but new listings may be steadying

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Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren’t declining as quickly, Redfin reports. Continue reading →