United States tax policy has been in the spotlight in recent months, with President Trump signing the Tax Cuts and Jobs Act into law in December, and experts debating what the long-term impact of the bill will be ever since. ...
Read More »Pending Home Sales on Slippery Slope
An overall growing economy, rising incomes, and a strong job market did little to increase the number of buyers signing on the dotted line to achieve their dream of being a homeowner. In fact, pending home sales fell to their ...
Read More »The Week Ahead: Pending Home Sales Forecast Future Trends
The National Association of Realtors will release its Pending Home Sales Index at 10 a.m. on Wednesday, February 28. The Pending Home Sales Index tracks sales of existing homes in which a contract has been signed, but the deal is ...
Read More »Inventory and Affordability Taking a Toll on Home Sales
Existing-home sales dropped both month-over-month and year-over-year in January 2018, experiencing their largest annual decline in over three years, according to a report from the National Association of Realtors. NAR’s Existing-Home Sales calculations track “completed transactions that include single-family homes, ...
Read More »High Prices Collide With Dwindling Inventory
Median income has risen, yet many potential home buyers are still hesitant. Inventory hit an all-time low, as prices jumped, and reports show this is a trend that may continue.
Read More »Can the Housing Market Maintain Its Momentum?
Pending home sales inched up 0.5 percent during the year according to the Pending Home Sales Index released by the National Association of Realtors (NAR) on Wednesday. The Pending Home Sales Index is a monthly forward looking indicator based on ...
Read More »Foreclosures, Short Sales Down Once Again
New data shows foreclosures and short sales are down once again. November marked the fourth straight month they’ve declined.
Read More »Housing Confidence High as 2017 Winds Down
Optimism for the U.S. housing market stayed afloat in the fourth quarter. But there are signs that confidence is taking on water, especially when it comes to the economy.
Read More »The Week Ahead: What’s on the Horizon for Existing Home Sales?
On Wednesday, the National Association of Realtors will release its latest data on existing home sales. Read on to learn more and find out what else is in store in The Week Ahead.
Read More »What’s in Store for Existing Home Sales . . .
Though existing home sales are forecasted for a comeback in 2018, a few obstacles stand in the way.
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