| Pending home sales and existing home sales are rising, which is shrinking the inventories of available homes. Some experts are now saying the unthinkable: A seller's market is pending.
After a six-year free fall in home prices and a modest rebound, real estate agents are beginning to mouth a phrase that until now was taboo during the housing slump: "Seller’s market.” Existing home sales are up. Pending home sales – sales that have not been finalized – are the strongest they've been in nearly three years...............................................Full Article: Source |