The Fed finds that the winter thaw has helped the economy rebound from cold-weather slowdowns.
Two of the four regions saw gains, but nationwide, pending sales are below 2013.
This week’s economic readings will shed light on the health of the housing market. Has it gone cold with the winter?
With mortgage interest rates rising in recent months, the outlook has become less certain.
Listing prices on luxury properties are now well over $100 million.
This week’s economic data lineup is compressed, because of the President’s Day holiday. The early focus will be on the housing market. Later, inflation.
In a positive sign for home sales, more people are relocating.
The most recent Beige Book from the Federal Reserve shows economies modestly improving across the country. Learn more at Bankrate.com.
The overstatement of existing home sales by the National Association of Realtors, NAR, may have caused a setback to the speed of a housing recovery. Errors that began in 2007 and accumulated through the housing bust mean that home sales were actually 14.3 percent worse than reported by the NAR. Builders rely on the data
How bad is the housing market in the United States? So bad, that two senators — a Republican and a Democrat — have joined forces to push a bill that would offer visas to foreigners who spend $500,000 buying homes in the States. The bill was co-authored by Sen. Charles Schumer (D-N.Y.) and Sen. Mike