My Newport News Mortgage Source

Pending Home Sales Predicts A Stronger Spring Market

February 3, 2010 by admin · Leave a Comment 

A Pending Home Sale is a home that is under contract to sell, but not yet sold. It’s a figure compiled by an industry group using sales data from over 100 regional listing services and more than 60 large brokerages around the country.

Existing Home Sales Plummet In December, But It Was Expected

Existing Home Sales Plummet In December, But It Was Expected

January 26, 2010 by admin · Leave a Comment 

Just one month after from blowing away Wall Street, December’s Existing Home Sales hit the skids, shedding nearly 17 percent and falling to a 4-month low. Don’t be alarmed, though. It was expected.

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