Pending home sales reverse course

Pending home sales in the South climbed 1.1 percent to an index of 124.2 in June, but are 0.3 percent below a year ago. The index in the West inched forward 0.7 percent in June to 95.4, but is 5.6.

Spurred by a desire of home buyers to get in under the wire of the $8,000 “first time” homebuyer tax credit that expires at the end of November, the National Association of Realtors’ pending sales.

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Pending Home Sales Index – PHSI: An index created by the National Association of Realtors (NAR) that tracks homes sales in which a contract is signed but the sale has not yet closed. The pending.

New-home sales reversed course in May, with sales of new, single-family homes up 2.9 percent to 610,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD)..

Secrets of the ‘Sale Pending’ Sign. Share.. Don’t get your hopes up when the home of your dreams has a "sale pending" status, of course. Instead, put the home on the back burner and follow the.

According to California Realtors, pending home sales in California rose higher in September 2014 to post the first increase in six months, reversing the sales drop usually observed between August and.

If you’ve fallen in love with a home that is contingent or pending, you should get in touch with a Redfin real estate agent right away to explore your options for making an offer. Ways to Win. Make it a practice to see any home you’re interested in as soon as possible to avoid putting in offers on homes that are contingent or pending.

Existing home sales put an end to two straight months of gains, retreating in April on both a monthly and annual basis. The National Association of Realtors® said the sales of single-family homes,

Pending home sales reversed course with an increase in June, according to the latest report from the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator.

* The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the.