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Dennis Norman Today the National Association of REALTORS released it’s January Pending Home Sales Index showing a decrease of 7.6 percent in the index from December, 2009 to January 2010 (seasonally adjusted) and a 12.3 percent increase from last year. Here are highlights from the report: January’’s pending home sales index (seasonally adjusted) was 90.4 (the index is based upon 100.0 being [...] Lawrence Yun, Chief Economist, NAR Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for July showing pending sales in the U.S. were up for the sixth consecutive month, the best streak since NAR began the pending home sale index in 2001. Today’s report is not the only recent report shedding some [...] Lawrence Yun, Chief Economist, NAR The real estate market continues to show signs of life and continues to point to the possibility that we have hit bottom. Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for June which showed pending sales were up for the fifth consecutive month, the first [...] By: Dennis Norman Lawrence Yun, Chief Economist, NAR It appears that lower prices along with low interest rates are bringing buyers back into the market as the market continues to show signs of life and gives us hope that we may be near the bottom. The National Association of REALTORS(R) issued their Pending Home Sales Index Report [...] By: Dennis Norman Lawrence Yun, Chief Economist, NAR Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for April which showed a significant increase of 6.7% on the index, over March. April makes the third month in a row the index has increased. Lawrence Yun, NAR chief economist, said “buyers are responding to very favorable [...] By: Dennis Norman Lawrence Yun, Chief Economist, NAR Yesterday the National Association of REALTORS(R) issued their Pending Home Sales Index Report for March which showed, for the second consecutive month, an increase. Lawrence Yun, NAR chief economist, said “This increase could be the leading edge of first-time buyers responding to very favorable affordability conditions and an $8,000 tax [...] By: Dennis Norman Yesterday the National Association of REALTORS(R) issued their Pending Home Sales Index report for February which showed, for the U.S., a 2.1% increase over January. Lawrence Yun, NAR chief economist, said “Pending home sales have a way to go for there to be a meaningful increase, but recent increases in shopping activity are hopeful [...] By: Dennis Norman The National Association of REALTORS(R) just released their pending home sales index for January which shows pending sales (houses under contract to be sold but have not closed yet) are down 7.7% nationwide from December and down 6.4% from a year ago. The actual index for the U.S. for January was 80.4. An index of 100 is equal to the [...] By: Dennis Norman The National Association of REALTORS(R) just released their pending home sales index for November which shows pending sales (houses under contract to be sold but have not closed yet) are down 4% nationwide from October and down over 5% from a year ago. With all the recent bad economic news this is not surprising. The Northeast [...] |
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