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A sale pending sign is posted in front of a home for sale on March 18, 2022 in San Anselmo, California. Sales of existing homes dropped 7.2 percent in February as mortgage rates top 4 percent.
The index for pending home sales increased just over 8% to 77.3 in December, according to data from the National Association of Realtors (NAR) released Friday. The month-over-month uptick was the ...
The National Association of Realtors (NAR) said on Wednesday its Pending Home Sales Index, based on signed contracts, rose 7.4% last month to 75.8 - the highest since March - from 70.6 in August ...
A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [ 1 ] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the ...
Despite the March gain, pending home sales are still “in a fairly narrow range over the last 12 months without a measurable breakout,” NAR’s chief economist, Lawrence Yun, said in a release.
Pending home sales, ... A man walks his dog by a "sale pending" sign that is posted in front of a home for sale in San Rafael, California. ... Lower-priced homes, between $200,000 and $300,000 ...
Pending home sales rose in all four regions last month. Economists polled by Reuters had forecast contracts, which become sales after a month or two, rebounding 1.5%. Pending home sales dropped 2. ...
While there were some success stories — sales of properties priced above $750,000 increased, as did sales of newly built homes — total pending home sales dropped in all four U.S. regions ...