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Pending home sales dropped sharply in December as mortgage rates climbed. The average rate on the 30-year fixed mortgage went from a low of 6.68% on Dec. 6 to a high of 7.14% on Dec. 19.
Buyer demand is still weak, as the recent decline in pending home sales makes evident. According to real estate marketing ...
Drop in pending home sales could foreshadow slow spring housing market It’s the latest leading indicator that the housing market could be even slower in 2025 March 27, 2025, 12:27pm by Jeff Andrews ...
Pending sales of previously owned US homes last month fell by the most since September 2022, illustrating a disappointing spring selling season as prospective buyers balk at high asking prices and ...
The latest sign of trouble in the U.S. housing market: a pickup in home purchase agreements falling through before they're finalized.
A Redfin senior economist said all indications are a tough market ahead for the valley’s residential real estate market in ...
The post Supply of Homes for Sale Hits a Post-Pandemic High in April—but Pending Sales Drop as Buyers Grapple With Economic Uncertainty appeared first on Real Estate News & Insights | realtor.com®.
Austin-area homebuilders saw a robust late spring rebound as new home sales in May climbed nearly 14% over April, according ...
Pending sales in the South, the biggest home-selling region, fell 7.7%. Gains in contract signings in February and March were a bit of a head fake for the crucial spring season.
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