For today’s home buyer in Florida, December’s Existing Home Sales figures may be construed as a “buy signal.”
For today’s home buyer in Florida, December’s Existing Home Sales figures may be construed as a “buy signal.”
For the first time this year, conforming Florida mortgage rates rose from one week to the next. The outlook for the U.S. economy improved last week, taking the mortgage bond market with it.
Mortgage markets worsened last week on renewed optimism from the Eurozone, additional evidence of a U.S. economic recovery, and ongoing strength in housing.
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, September’s Existing Home Sales eased by 150,000 units, falling to 4.91 million units nationwide.
According to the National Association of REALTORS®, Existing Home Sales rose 8 percent in August.
After 3 straight months of gains, the Pending Home Sales Index slipped 1 percent in July.
Buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March.
The National Association of REALTORS® Pending Home Sales Index rose for the third straight month last month.
If you’re in the market for a home, play the recent trends to your advantage. Today, homes are affordable and mortgage rates are low. This may not be the case later this year. The best “deals” of the year may be what you buy now.
February’s Pending Home Sales Index rebound breaks a 2-month losing streak, and reverses recent downward momentum in housing.