REACH THE RIGHT SOLUTION AT THE RIGHT TIME!
Contact NMSI
Welcome to Nationwide Management Services, Inc. Our services are supported by a unique and proprietary fully-automated inspection system. Our system allows our agents to contact and complete your requests much faster and more effective than our competitors. We ensure you get the right service and provide you with access to comprehensive reports so that our relationship is 100% transparent. Our goal is to maximize every dollar you spend with us and to enhance the overall loss mitigation experience with you as well as your customer.
CONTACT US
 

Pending Home Sales Stayed Sideways Near Record Lows

Pending Home Sales Stayed Sideways Near Record Lows

The National Association of Realtors (NAR) releases two widely followed home sales reports.  Existing Home Sales measure transactions of homes other than new construction (i.e. previously owned and occupied homes).  The Pending Sales index is an advance indicator for Existing Homes.  It measures contract signings but not closed sales. Through a combination of historically low affordability and inventory, both metrics have been operating at the lowest levels in more than a decade (not including the temporary drop in pending sales seen at the onset of pandemic lockdowns). Today's pending sales update kept the index perfectly unchanged at those long term lows. There were small regional variations as follows: Northeast... +0.8% versus last month (down 6.4% from last year)
No Comments

Sorry, the comment form is closed at this time.