fha mortgage loans, local mortgage broker, midwest family lending

(515) 252-7107


Mortgage Industry News

« Return to Mortgage Industry News

Pending Home Sales Stable but Promising

Wednesday, December 31, 2014

November's pending home sales improved from October levels and posted the third consecutive year-over-year gain and the largest one in over a year.  The National Association of Realtors® (NAR) said the increase, while not large, was felt in every region but the Midwest.

The NAR's November Pending Home Sales Index (PHSI) was up 0.8 percent from October's slightly down-graded level of 104.0 to 104.8.  That was a 4.1 percent gain from the PHSI of 100.7 in November 2013, the largest such improvement since August 2013 when the index jumped 5.6 percent. 

Read Full Article


"Sara made the process easy and she is very helpful. She was always available to answer our questions."
Shawn H.