Mortgage News
Improved buyer demand at the beginning of 2015 pushed pending home sales in January to their highest level since August 2013, according to the National Association of Realtors®.
The Pending Home Sales index, a forward looking indicator based on contract signings, climbed 1.7 percent to 104.2 in January from an upwardly revised 102.5 in December and is now 8.4 percent above January 2014 of 96.1. This marks the fifth consecutive month of year-over-year gains with each month accelerating the previous month's gain. Contract signings are considered leading indicators meaning they show "want" activity and numbers are expected to be two and three months in the future. For your individual questions about purchasing your next home contact Bob O'Brien, www.bobrealestate.com, your Southern California licensed (01195048) Realtor® since 1995.
Š”reditgov
ReplyDeleteWe think it’s important you understand the strengths and limitations of the site. We’re a journalistic website and aim to provide the best Personal Finance guides, tips, tools and techniques, but can’t guarantee to be perfect, so do note you use the information at your own risk and we can’t accept liability if things go wrong.
http://www.creditgov.uk/