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Ishakis Finance Report Mortgage Broker Brooklyn

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

Category: Pending Home Sales

Pending Home Sales Drop For Second Straight Month

After a strong run to close out 2010, the market for home resales softened a bit in January.

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Published March 1, 2011
Categorized as Pending Home Sales Tagged NAR,PHSI

Pending Home Sales At The Highest Levels Since April 2010

Another day, another strong report for housing. The Pending Home Sales Index climbed 2 percent in December, according to the National Association of REALTORS®

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Published February 1, 2011
Categorized as Pending Home Sales Tagged Existing Home Sales,New Home Sales,National Association of REALTORS®

Pending Home Sales Rises To 6-Month High

The housing market continues to expand, and surprise.

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Published January 4, 2011
Categorized as Pending Home Sales Tagged Pending Home Sales,Existing Home Sales,NAR

Pending Home Sales Index Points To A Budding Seller’s Market

The Pending Home Sales Index surged 10 percent in October as low mortgage rates and low home prices spurred buyers into action. The market looks different today, however.

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Published December 7, 2010
Categorized as Pending Home Sales Tagged Pending Home Sales,NAR,Home Affordability

Pending Home Sales Slip In September, Suggesting A Buyer’s Market Until January

So long as mortgage rates remain rock bottom, the autumn season is looking like a terrific time to buy.

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Published November 9, 2010
Categorized as Pending Home Sales Tagged Pending Home Sales,Existing Home Sales,New Home Sales

Pending Home Sales Data Points To Higher Home Prices This Fall

Overall, buyers are being drawn into housing by low mortgage rates, affordable homes, and ample supply. If the August Pending Home Sales Index is foreshadowing the fall housing market, home prices appear slated to rise.

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Published October 5, 2010
Categorized as Pending Home Sales Tagged Pending Home Sales,Home Supply,Home Values

Home Sales Are Back On The Rise After A 2-Month Pullback

Just one week after reports of Existing Home Sales and New Home Sales plunging, the housing market signaled that the next few months may fare better than did May and June.

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Published September 8, 2010
Categorized as Pending Home Sales Tagged Pending Home Sales,Existing Home Sales

As The Pending Home Sales Index Falls, Home Buyers See Dollar Signs

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.

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Published August 4, 2010
Categorized as Pending Home Sales Tagged Pending Home Sales,Home Supply

Was The Pending Home Sales Report Really That Bad? It Depends Who You Ask — Buyer Or Seller.

On the surface, May’s Pending Home Sales Index looks terrible for housing. And, if you’re a seller, it just might be. But, if you’re a buyer, the story reads differently. Just consider the market conditions.

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Published July 2, 2010
Categorized as Pending Home Sales Tagged Pending Home Sales,Home Supply

March Pending Home Sales Point To Stronger Spring Market

Today’s home buyers should consider making offer sooner rather than later. Looking at the data, it appears the best time to have found a “deal” on a home may have been in February.

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Published May 5, 2010
Categorized as Pending Home Sales Tagged Pending Home Sales,Tax Credit

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