Today: 5. Nov, 2024
Pending home sales significantly dropped in April, reaching their lowest level since the onset of the pandemic. According to the National Association of Realtors (NAR), signed sales contracts on existing homes fell by 7.7% compared to March, marking the slowest pace since…
After a short period of relief, mortgage rates are rising again, causing potential homebuyers to hesitate and rethink their plans. The Mortgage Bankers Association reported a 2.3% decrease in total mortgage application volume last week compared to the previous week. This downturn…
In a surprising twist, November’s pending home sales remained steady, unaffected by the dramatic fluctuations in mortgage rates. This stability, as reported by the National Association of Realtors, comes amidst a landscape of high home prices and limited supply. With mortgage rates…
In a startling economic indicator, pending home sales have plummeted to their lowest level since record-keeping began in 2001, surpassing the declines seen during the financial crisis over a decade ago. The National Association of Realtors (NAR) reported a 1.5% drop in…
