Contingent buyers can now win a home!

In recent years, the real estate market has been heavily tilted in favor of sellers. However, a new trend is emerging that is giving hope to contingent buyers – those who need to sell their current home in order to purchase a new one. In the past, sellers didn't have to accept contingent offers, but

Pending Home Sales Grew 1.1% in September

Key Highlights Pending home sales increased in September, up 1.1% from August. Month over month, contract signings increased in the Northeast, Midwest and South but decreased in the West. Pending home sales fell in all four U.S. regions compared to one year ago.

September 2023 Existing-Home Sales Fall to Lowest Level Since October 2010

NAR released a summary of existing-home sales data showing that housing market activity this September declined 2.0% from August 2023. September's existing-home sales reached a 3.96 million seasonally adjusted annual rate. September's sales of existing homes weakened 15.4% from September 2022.