Pending home sales rise again in March

Video is from www.Realtor.org. Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of Realtors┬«. The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in …

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Why Some Buyers are Still Waiting

Realtor.org‘s magazine had the following article: Amid all the news coverage about how the housing market is still in the tank, there’s one piece of news that seems to have escaped most commentators: Housing is at its most affordable level in decades. Because of record-low mortgage rates (the average 30-year fixed rate was at 4.3 …

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