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Real Estate & Property Law

: Housing Wire

Pending Home Sales Down, Affordability Up

By KELLY CURRAN

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A now-established trend remained consistent in January, as pending home sales declined, yet again, on the heels of a weakening economy and as some buyers waited for clarity on housing stimulus provisions, said the National Association of Realtors Tuesday. NAR’s Pending Home Sales Index, a forward-looking indicator based on contracts signed in January, fell 7.7 percent [...]

Full post as published by Housing Wire on March 03, 2009 (boomark / email).

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