Pending Homes Sales Rise

The article below from Realty Times discusses the recently posted Pending Home Sale Index (from the National Association of REALTORS) showing the increase of 6.3% instead of falling or staying flat. This is another indicator that the market may be starting to change. The biggest factor seems to be that home prices haven fallen to affordable levels and interest rates are still relatively low.

Real Estate Outlook: Pending Home Sales Rise in April