September Pending Home Sales Up Slightly

Author: Rich Barnhart

Author: Rich Barnhart

Despite the sluggish economic recovery and slower than needed job creation, pending home sales were up slightly for the month of September. NAR is still predicting double digit sales volume increases by the end of the year with rising prices in many parts of the country. Lawrence Yun points out that increasing rents will push more people to buy in the coming years.

 

 

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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