June’s Pending Home Sales Index is weak by most measures, but if you’re a home buyer, the headlines aren’t so bad. Fewer home sales can push negotiation leverage to the buy-side of a transaction.
Tag Archive: Home Supply
Existing Home Sales Drop In June But Hint At Higher Price Tier Support
Consistent with most post-home buyer tax credit housing news, Existing Home Sales eased lower last month. The 5 percent drop in sales was expected, but a closer look at the month’s data reveals some interesting trends.
Increased Home Inventory Spells Opportunity for Today’s Florida Home Buyers
Florida mortgage borrowers looking to buy homes in Florida can look forward to a continuation of a “buyer’s market.”
Housing Starts Rise In April, Exerting Downward Pressure On Home Prices
Home prices are based on housing’s supply and demand. For the next few months, supply should elevate, helping prices remain suppressed, after which, supply should dwindle. The best time to buy a home, therefore, may be right this very minute.
