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U.S. Pending Home Sales Drop For First Time in Two Years

A pending home sale in Rockville, Maryland (2012). AFP Photo/Paul J. Richards (Photo credit should read PAUL J. RICHARDS/AFP/GettyImages) U.S. pending home sales fell by almost 4% in May, the National Association of Realtors reported Wednesday, the first drop since August 2014. May's Pending Home Sales Index (PHSI), which tracks U.S. home-purchase [...]

Pending home sales drop for first time in nearly 2 years

New data from the National Association of Realtors, released this morning, says that May's pending home sales actually declined year-over-year for the first time in nearly two years. The reason? This competitive seller's market continues leaving inventory in a sad state....

A Few Comments on May Existing Home Sales

Earlier: Existing Home Sales increased in May to 5.53 million SAARAs usual, housing economist Tom Lawler nailed the NAR report. I project that May existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.55 million in MayFor existing homes, inventory is still key. Show More Summary

Existing home sales rise in line with forecasts

Existing home sales rose 1.8% at a seasonally adjusted annual rate of 5.53 million, according to the National Association of Realtors. The rate was the highest since February 2007. Meanwhile, the median price of an existing home rose...Show More Summary

D.C. a top metro for millennial homebuyers

You hear it time and time again: Millennials aren't buying homes. But it might just depend on the city that you cover. The National Association of Realtors recently released a list of the best cities for millennials to buy a home among the nation's 100 largest metro areas, and Washington D.C was at the top of the list...

Lawler: Early Read on Existing Home Sales in May

From housing economist Tom Lawler:Based on publicly-available state and local realtor/MLS reports from across the country released through today, I project that May existing home sales as estimated by the National Association of Realtors...Show More Summary

Builder confidence rises two points to 60 in June, highest level since January

After holding steady for the past four months, builder confidence in the market for newly constructed single-family homes rose two points in June to a level of 60 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the highest reading since January 2016. READ MORE www.metrointel.com

NAHB: Builder Confidence increases to 60 in June

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 60 in June, up from 58 in May. Any number above 50 indicates that more builders view sales conditions as good than poor.From the NAHB: Builder...Show More Summary

4 landscaping tips to make your sellers’ wallets fatter

Landscaping can be a major contributor to a home’s value and could potentially influence an owner’s ability to sell the property. According to a National Association of Landscape Professionals survey, 84 percent of Americans agree that the quality of a home’s landscaping would affect their decision to buy the home...

Michigan's Sierra Romero is the college softball player of the year

4 weeks agoHealth : Booster Shots

Michigan infielder Sierra Romero has been named the Amateur Softball Association/USA Softball college player of the year.  The senior ranks in the top 10 nationally with a.465 batting average, 19 home runs and a.585 on-base percentage, and is in the top five with 77 RBIs and a.916 slugging percentage....

?Pending home sales soar, hit 10-year high

National Association of Realtors says its seasonally adjusted pending home sales index surged 5.1 percent last month

NAR: Pending Home Sales Index increased 5.1% in April, up 4.6% year-over-year

From the NAR: Pending Home Sales Lift Off in April to Over 10-Year HighPending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to the National Association of Realtors®. Show More Summary

Pending US home sales hit highest level since February ’06

WASHINGTON (AP) — Americans signed more contracts to buy homes in April for the third straight month, driving pending home sales to the highest level in more than a decade. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index surged 5.1 percent last month to 116.3, the highest since […]

Here come pending home sales ...

Pending home sales data for April will be released by the National Association of Realtors at 10 a.m. ET. Economists estimate that the gauge of housing contract activity rose 0.7% month-on-month, and 0.2% year-on-year, according to Bloomberg. Earlier...Show More Summary

The Only 5 Rules You Need to Know About Investing in Real Estate

The numbers are impressive: The median existing home price for homes across the United States stood at $232,500 in April, according to the National Association of Realtors. That's up 6.3% from the same month one year earlier, and marks the 50th consecutive month in which median housing prices have...

U.S. existing home sales rise for second straight month, inventory still tight

WASHINGTON (Reuters) - U.S. home resales rose more than expected in April, suggesting the economy continues to gather pace during the second quarter. The National Association of Realtors said on Friday existing home sales increased 1.7 percent to an annual rate of 5.45 million units. Show More Summary

Here come existing home sales ...

The National Association of Realtors will release data on existing home sales during April at 10 a.m. ET. Economists forecast that sales of existing condos, co-ops and single-family homes rose 1.3% at a seasonally adjusted annual rate...Show More Summary

Friday: Existing Home Sales

Friday:• At 10:00 AM ET, Existing Home Sales for April from the National Association of Realtors (NAR). The consensus is for 5.40 million SAAR, up from 5.33 million in March.• Also at 10:00 AM: Regional and State Employment and Unemployment...Show More Summary

Lawler: Early Look at Existing Home Sales in April

From housing economist Tom Lawler:Based on publicly-available state and local realtor/MLS reports released through today, I project that US existing home sales as estimated by the National Association of Realtors ran at a seasonallyShow More Summary

Realtor.com vs. Zillow: A nasty fight for home turf

Things aren’t so sweet on the home front for realtor.com as Zillow has in a sense evicted the official website of the National Association of Realtors out of the online real estate penthouse. Also, nasty litigation has ensued between Move, Inc. (the operator of realtor.com) and Zillow...

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