Home Loan News

Pending Home Sales Fall, But Still Holding Most of 2019’s Gains

pending home sales Fall, But Still Holding Most of 2019’s Gains April’s pending home sales had been expected to build on the gains posted in two of the three previous months, but they retreated.

WASHINGTON (AP) – Fewer Americans signed contracts to buy homes in December with affordability pressures causing interest from would-be buyers to fall. The National Association of Realtors said.

Pending home sales fall, hardest hit in the South. February saw considerable gains in home sales. Published. 1 year ago. on.. sales are still below year ago levels because low inventory is.

Pending home sales in October inched slightly higher from the month before, reflecting stable demand, but economists did not see big gains on the horizon. Pending Home Sales Are Slow but Steady in.

Pending. Home Sales Index (PHSI) declined by 1.0 percent compared to January to a level of 101.9. The index is now 4.9 percent lower than a year earlier, marking the 14th straight month of annual.

r/RealEstate – Does anyone have information on the process of going from a Hard Money loan to a VA loan? 23. When personal property items such as a range, refrigerator, and household furnishings may be included in the home loan, which usually carries a longer term and lower interest rate than if the borrower had financed these items with a separate consumer loan, this is referred to as a: A. Purchase-money mortgage (PMM) B. Package mortgage

Home Pending home sales fall 2.6% in August.. The association’s pending home sales index also fell to 99.2 in August, down from 101.9 in July, but up from 89.6 last year.. annual gains.

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U.S. pending home sales fall in April, despite lower mortgage rates. Prices are still higher than they were a year ago, but the gains have been shrinking with each month.. the Realtors.

 · Home sales drop-again-and will continue unless supply miraculously improves‘. An index of so-called pending home sales, which represent closings one to two months from now, fell 0.8 percent compared with June, according to the National Association of Realtors. That is the fourth monthly drop in the past five months.

The rate at which contracts were signed to purchase homes was down slightly in December the National Association of Realtors® (NAR) said today. Even though buyers were looking at the lowest interest.

Regionally, the Realtors’ pending home sales index in the Northeast declined 1.8% monthly and was 2.1% below a year ago. In the Midwest, the index rose 1.3% monthly but was 2.4% lower annually.

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Pending home sales, or signed contracts for homes where transactions have not yet closed, fell 2.6 per cent in August from the previous month to a reading of 106.3 – the lowest since Jan 2016.