Tag: Pending home sales

In January, pending home sales hit record lows due to a combination of high mortgage rates and soaring home prices. The National Association of Realtors reported a 4.6% drop in signed contracts for existing...

December Pending Home Sales Plummet as Mortgage Rates Exceed 7%In a surprising turn of events, signed contracts on existing homes took a steep nosedive in December, plummeting by 5.5% from the previous month and...