Investors Pause Pending

Pending home sales decreased 1.0% in August, reflecting the gradual withdrawal of investors as the supply of distressed properties at bargain prices continues to decline. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), decreased to 104.7 in August from 105.8 in July. The August reading was down… Read More ›
from Home Services Blog http://eyeonhousing.org/2014/09/investors-pause-pending/

from Tumblr http://msalexandrakpierson.tumblr.com/post/98791180008

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