Pending Sales Rise 5.3%

Pending Sales Rise 5.3%

Let’s see how much this new story plays in the media. Pending home sales rose sharply, unexpectedly, by 5.3% this past month. Here’s the story from Yahoo! news. The index for pending home sales now stands at 101, which is one point higher than the index was in 2001. This is good news folks. I’ve been telling buyers and sellers alike that I think this fall market will be quite solid, as the summer market has been relatively lackluster in the Lake Geneva area. Things will improve this Fall. If you’re a buyer, I continue to ask. What on earth are you waiting for?

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