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Pending Home Sales Down 5.7% in January

The National Association of Realtors is reporting that pending home sales were down 5.7% in January, 2022. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 109.5. With inventory still a problem, the NAR warns that a retreat in demand might be on the horizon. Continue reading HERE...

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Existing-Home Sales Up 3.1% in January

The National Association of Realtors is reporting that existing home sales were up 3.1% in January to a seasonally-adjusted annual rate of 4 million (down 1.7% year over year). Total housing inventor

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