Pending home sales rose 1.5% in March, but fell short of last year

Pending home sales rose 1.5 percent from February to March but remained 1.1 percent below last year’s levels, according to the National Association of Realtors’ monthly Pending Home Sales report. Continue reading

Home tours are on the rise — but buyers aren’t making offers

Mortgage rates continue to be a thorn in homebuyers’ side into the new year, as evidenced by a downturn in contract signings despite greater home tour activity. Redfin’s latest market report revealed its Homebuyer Demand Index, a seasonally adjusted me… Continue reading