Latest news

Feb. pending home sales reverse 5-month decline

By Don Fenley / March 18, 2022

February’s pending existing home sales reversed a five-month decline and pointed to what’s shaping up as an extremely competitive, slow-growing spring home buying and selling season.   Sellers approved 726 contracts…

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January pending sales down 10.9% from December

By Don Fenley / February 24, 2022

Pending home sales trended lower for the fifth straight month in January.   Sellers OK’d 684 contracts, down 84 from December and 41 fewer than January last year.   Pending sales are a…

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Pending home sales decline 21%

By Don Fenley / January 19, 2022

The number of pending existing home sales slid in December, as high prices and rising mortgage rates gave some buyers pause. Others clamored to get deals accepted before more anticipated…

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Pending home sales point to another record year

By Don Fenley / December 28, 2021

Pending home sales declined from the previous month for the third time in November as the market continued taking a breather from its frantic pace. Compared to last year, last month’s approved contracts point to another record year…

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Pending home sales slow, sellers’ market hangs on    

By Don Fenley / November 18, 2021

Pending home sales dipped in October as monthly accepted contract activity declined while the year-over-year comparison continued increasing.  Pending sales are a leading indicator of housing activity based on signed contracts for existing single-family homes…

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Sept. pending home sales decline    

By Don Fenley / October 18, 2021

After four months of flat performance, pending sales were down in September. Owners accepted 996 offers for single-family and condos – a decline of 103 from August.  After four months of flat performance, pending sales…

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Pending home sales growth rate slows

By Don Fenley / September 16, 2021

Homeowners accepted 1,099 offers for single-family and condo sales in August. It was the fourth month pending sales have been flat. Both the long and short-term trends have returned to the traditional pattern of seasonal slowing as…

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Pending home sales show signs of seasonal slowing   

By Don Fenley / August 16, 2021

Homeowners accepted 1,074 offers for single-family and condo sales in July.  It was the third month new pending sales have been flat. Both the long and short-term trends are beginning to soften as the market transitions…

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June Pending Home Sales Up from Last Year, Down From May

By Don Fenley / July 21, 2021

Homeowners accepted fewer offers for single-family and condo sales in June than they did in May. It’s the first time since February pending sales have declined from the previous month, and the second straight month…

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May pending home sales up 9.9 percent from April

By Don Fenley / June 21, 2021

Homeowners accepted an all-time high of 1,083 offers for single-family and condo sales in May. That’s a 9.9 percent increase from April and 23.2 percent higher than May last year.  Pending sales are a leading indicator of…

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