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Loan Modification

: Mortgage Lender Implode-o-Meter

Pending Home Sales Up in March. Stabilization Depends on REO Liquidation, Jobs, Regs

By Implode-Explode Heavy Industries

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"NAR's Pending Home Sales Index measures housing sales contract activity. A sale is listed as "pending" when a contract to purchase an existing home (single-family, condos, and co-ops) has been signed but the transaction has not closed. A signed contract is not counted as an actual existing home sale until the transaction closes."

Full post as published by Mortgage Lender Implode-o-Meter on May 05, 2010 (boomark / email).

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