Zillow’s Post

Pending Home Sales (signed contracts on existing homes) rose 1.6% from January to February, showing that buyer demand remained strong even as mortgage rates ticked higher last month. NAR’s Chief Economist, Lawrence Yun, noted that a “steady rise in inventory” is expected this year, which is good news for buyers as we approach the busy spring season. #homebuyers #homesales #realestate #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow #housingmarket

Pending Home Sales (February 2024) Pending Home Sales (signed contracts on existing homes) rose 1.6% from January to February, showing that buyer demand remained strong even as mortgage rates ticked higher last month. NAR’s Chief Economist, Lawrence Yun, noted that a “steady rise in inventory” is expected this year, which is good news for buyers as we approach the busy spring season. #homebuyers #homesales #realestate #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow #JunglingLendingwithTammie

The October Local Market Update is here! 📈 Last month we saw a boost in pending home sales, increased inventory, and lower mortgage rates, making it an ideal time for buyers to find the perfect home. Sellers can take heart in the prices holding steady. The Eastside market is staying busy this Fall with active listings increasing 7% from August and 10% from last year. With a well-balanced market, now’s the time to act! Whether you’re buying or selling, let’s connect to discuss how you can make the most of the current trends. 🏠💬

Pending Home Sales (signed contracts on existing homes) rose 1.6% from January to February, showing that buyer demand remained strong even as mortgage rates ticked higher last month. NAR’s Chief Economist, Lawrence Yun, noted that a “steady rise in inventory” is expected this year, which is good news for buyers as we approach the busy spring season. #homebuyers #homesales #realestate #mbshighway #mortgagemarketnews

Pending Home Sales (signed contracts on existing homes) rose 1.6% from January to February, showing that buyer demand remained strong even as mortgage rates ticked higher last month. NAR’s Chief Economist, Lawrence Yun, noted that a “steady rise in inventory” is expected this year, which is good news for buyers as we approach the busy spring season. #homebuyers #homesales #realestate #mortgagemarketnews #mortgageintheknow

Rising Mortgage Rates: What It Means for Buyers and Builders. In this video, we explore the latest trends in the housing market as mortgage rates hit 6.44%, creating challenges for homebuyers. Despite rising costs, builder confidence is on the rise, signaling potential improvements in inventory and market conditions. We’ll break down the key factors affecting affordability, inventory levels, and builder sentiment, helping you understand what these changes mean for the real estate landscape. Don’t miss this essential update on the current state of the housing market! #realestate #realestateagent #realestatenews #realestatemarket

Pending Home Sales (signed contracts on existing homes) rose 1.6% from January to February, showing that buyer demand remained strong even as mortgage rates ticked higher last month. NAR’s Chief Economist, Lawrence Yun, noted that a “steady rise in inventory” is expected this year, which is good news for buyers as we approach the busy spring season. #homebuyers #homesales #realestate #Realtor #RealEstateAgent

Pending Home Sales (signed contracts on existing homes) rose 1.6% from January to February, showing that buyer demand remained strong even as mortgage rates ticked higher last month. NAR’s Chief Economist, Lawrence Yun, noted that a “steady rise in inventory” is expected this year, which is good news for buyers as we approach the busy spring season. #homebuyers #mortgage #economy #summitmortgage

Pending Home Sales is a monthly report released by the National Association of Realtors and is a good leading indicator for existing home sales. January saw a pullback in Pending Home Sales (signed contracts on existing homes), which fell 4.9% from December per the NAR. Their Chief Economist, Lawrence Yun, noted that economic conditions are “favorable for home buying” but changes in mortgage rates and available inventory remain key factors that are impacting sales. #homebuyers #homesales #realestate #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow

Pending Home Sales (signed contracts on existing homes) rose 1.6% from January to February, showing that buyer demand remained strong even as mortgage rates ticked higher last month. NAR’s Chief Economist, Lawrence Yun, noted that a “steady rise in inventory” is expected this year, which is good news for buyers as we approach the busy spring season. #Americanpacificmortgage #homebuyers #homesales #realestate #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow