Low mortgage rates are helping to make homes more affordable. It appears home buyers have taken notice.
Mortgage rates fell to a new all-time low last week. Not everyone can get access, however.
After a series of worse-than-expected data last month, the housing market appears to be back on track.
In March, for the second straight month, home resales slipped nationwide.
Despite sparse home inventory, the National Association of REALTORS reports that 4.59 million “existing homes” were sold in February on a seasonally-adjusted, annualized basis.
The Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior.
January’s home resales moved to a 20-month high — additional evidence that the nation’s housing recovery is underway.
January’s home resales moved to a 20-month high — additional evidence that the nation’s housing recovery is underway.
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