Buoyed by a generous tax credit, affordable homes, and low mortgage rates, the Pending Home Sales Index posted its seventh consecutive monthly gain in August.

It’s the longest winning streak in the index’s history and the highest reading in 2-1/2 years.

It’s also another signal that [...]

Mortgage markets rallied for most of last week, but ended Friday on a sour note.

After touching their lowest levels since Memorial Day, mortgage rates spiked to close out the week.

Despite pricing getting worse by 1/4 percent Friday afternoon, however, mortgage rates still managed to fall for the second consecutive week.

There were [...]

It’s a sensational headline — “The Sellers’ Deadly Sins” — but the message is clear. Home sellers make mistakes that not only cost themselves thousands, but sometimes cost the sale, too.

NBC’s The Today Show lays it out cleanly in this 5-minute video:

How [...]

The government’s First-Time Home Buyer Tax Credit program expires November 30, 2009 — a scant 60 days from today.

Considering it can take up to 60 days to close on a home, first-time buyers have 2 weeks at most to find a home.

Buyers not under contract by October 15 have little chance of meeting [...]