Tag: Pending
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Pending home sales rose in February, mortgage rates jumped
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A For Sale sign displayed in front of a home on February 22, 2023 in Miami, Florida. Joe Raedle | Getty Images Higher mortgage rates took some of the juice out of the housing recovery in February. After a sharp gain in January, pending home sales rose just 0.8% month to month, according to the…
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Pending Home Sales Improve In January As More Buyers Return
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More demand from buyers and less supply from homeowners is holding prices steady. getty The housing market is showing early signs of recovery with pending sales of homes climbing for the first time in a year. Pending home sales fell 26% year over year during the four weeks ending January 22 as mortgage rates ticked…
