New Year Good News – Pending Home Sales Up

Author: Rich Barnhart

Author: Rich Barnhart

NAR Chief Economist Discusses Jobs and Real Estate Market Growth – Dec. 30, 2010

We have some good news for the new year – pending home sales are up 3.4%. This is the 4th increase in the past 5 months. This is great news, but we still need to see more job creation for sustainable demand in the housing market. This report includes national statistics and some detail on the Washington D.C. area. For specific data on your marketplace request a Local Market Watch Report from By The Sea Realty.

Blog Author:

Rich Barnhart

Rich is the broker and owner of By The Sea Realty and a frequent contributor to the company's real estate blog.

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