The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.
Pending Home Sales Index Posts Second Best Month Since April 2010
http://phildenfeldmortgage.com/2012/01/pending-home-sales-december-2011.html
Existing Home Sales Approach Bull Market Territory
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.
http://phildenfeldmortgage.com/2012/01/existing-home-sales-december-2011.html
More Sales, Less Inventory : Home Prices Headed Higher?
The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.
http://phildenfeldmortgage.com/2011/11/existing-home-sales-october-2011.html
Pending Home Sales Index Slips For 4th Straight Month
Nationwide, fewer homes are going under contract to sell.
http://phildenfeldmortgage.com/2011/10/pending-home-sales-index-september-2011.html
Existing Home Sales Slip In July
Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It’s the fourth straight month below the 5 million mark, and the report’s lowest reading since November 2010.
http://phildenfeldmortgage.com/2011/08/existing-home-sales-2011-july.html