Pending home sales fell 4.1% in February compared with January and were down 5.4% compared with February 2021, according to the National Association of Realtors (NAR).
It was the fourth consecutive month that pending home sales decreased.
Regionally, and month-over-month, pending home sales increased 9.9% in the Northeast but fell 6.0% in the Midwest, 4.4% in the South and 5.4% in the West.
All four regions registered a decline in year-over-year contract activity.
“Pending
I recall receiving MLS books once a month and being thrilled that a whole new population of sales were available to be considered within the
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as
Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you
