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Ishakis Finance Report Mortgage Broker Brooklyn

Loan Officer Yael Ishakis’s take on mortgage and finance news.

Tag: NAR

Pending Home Sales Index Remains Strong Into Spring

The housing market took a step back in February, but remains near post-Recession highs.

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Published March 28, 2012
Categorized as Housing Analysis Tagged Home Prices, NAR, Pending Home Sales Index

Existing Home Sales Stay Strong; Spring Season Underway

Despite sparse home inventory, the National Association of REALTORS reports that 4.59 million “existing homes” were sold in February on a seasonally-adjusted, annualized basis.

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Published March 22, 2012
Categorized as Housing Analysis Tagged Existing Home Sales, Existing Home Supply, NAR

Pending Home Sales Rise To 22-Month High

The Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior.

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Published February 29, 2012
Categorized as Housing Analysis Tagged Existing Home Sales, NAR, Pending Home Sales

Existing Home Sales Climb To A 20-Month Record

January’s home resales moved to a 20-month high — additional evidence that the nation’s housing recovery is underway.

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Published February 23, 2012
Categorized as Housing Analysis Tagged Existing Home Sales, Existing Home Supply, NAR

Pending Home Sales Index Posts Second Best Month Since April 2010

The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.

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Published January 27, 2012
Categorized as Housing Analysis Tagged NAR, Pending Home Sales Index, PHSI

Existing Home Sales Approach Bull Market Territory

According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.

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Published January 24, 2012
Categorized as Housing Analysis Tagged Existing Home Sales, Existing Home Supply, NAR

More Sales, Less Inventory : Home Prices Headed Higher?

The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.

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Published November 23, 2011
Categorized as Housing Analysis Tagged Existing Home Sales, Existing Home Supply, NAR

Pending Home Sales Index Slips For 4th Straight Month

Nationwide, fewer homes are going under contract to sell.

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Published October 28, 2011
Categorized as Housing Analysis Tagged Existing Home Sales, NAR, Pending Home Sales

Existing Home Sales Slip In July

Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It’s the fourth straight month below the 5 million mark, and the report’s lowest reading since November 2010.

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Published August 23, 2011
Categorized as Housing Analysis Tagged Existing Home Sales, Home Supplies, NAR

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