You’ve probably seen the “sale pending” sign in the front yard of a home on the market. But does this mean the home is no longer up for grabs?. Not exactly. Pending means that the seller has accepted an offer, but there are several things that can go wrong until the transaction is final. Although a pending sale falling through is somewhat rare, it doesn’t mean prospective buyers should skip past these homes.
Sales of new single-family homes declined in June, falling 8.1 percent to 590,000 at a seasonally-adjusted annual rate from a 642,000 pace in May. The June fall was the fifth drop in the last six months, leaving sales down 29.7 percent from the December 2021 level, and down 43 percent from the August 2020 post-recession peak (see first chart).
LOS ANGELES (AP) — The chronic shortage of homes for sale that’s made fierce bidding wars common and sent prices to record highs has long frustrated homebuyers. After a streak of annual declines going back three years, home listings finally rose on an annual basis in May and June.
Tiny homes are hot right now, but learn more about them before taking the plunge. They're much less expensive than traditional homes, but can be harder to finance. The web has many resources to help you find the right tiny home. Many people are jumping on the tiny living bandwagon...
‘Signs of a tipping point.’ Homebuyers now have about 20% more homes to choose from compared to a year ago, as home prices increasingly get cut
Here’s what that means for home prices and the housing market