Tag Archives: Pending Home Sales

East Bay Housing Inventory Down 60% From Last Year

For those of you who love to chew on data, HERE is the spreadsheet for you… It’s not perfect, but it has Active, Pending, Sold, REO, and Short Sale data going back to August of 2008, all data broken down by city. It includes the areas that our Paragon MLS covers, which is most of […]

Pending Home Sales Tick Up Slightly in January

Nationally, Pending Home Sales rose slightly in January, from a downwardly-revised December. In the West, however, Pending Homes Sales fell 4.4%. NAR reports: Pending home sales are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year ago, according to the National Association […]

Pending Home Sales Ease Slightly in December

NAR reports: After reaching a 19-month high, pending home sales eased in December but stayed above year-ago levels, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 3.5 percent to 96.6 in December from 100.1 in November but is 5.6 percent above December 2010 when it […]

Pending Home Sales Fall. Realtors Can’t Blame the Weather so they Blame “Confusing Monetary Policy”

Right. That’s what home buyers are thinking about… From NAR: Pending home sales declined in September, although activity remains above a year ago, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 4.6 percent to 84.5 in September from 88.6 in August but is 6.4 […]

Pending Home Sales Decline in August. Realtors Blame Tight Credit

From NAR: Pending home sales slipped in August with a mixed regional performance but are higher than a year ago, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 1.2 percent to 88.6 in August from 89.7 in July but is 7.7 percent above August […]

What You Need to Know: Pending Home Sales Versus Existing Home Sales

Today the National Association of Realtors reported that their May Pending Home Sales Index rose 13.4% from May 2010. They said this rise points to “higher housing activity in the second half of the year.” But, how accurately do Pending Home Sales translate into actual home sales? Turns out, not that accurately at all.