Today's Real Estate News

Posted by Rick Delgado on Monday, July 30th, 2012 at 12:30pm.

Thursday we got the news that Pending Home Sales for June dipped 1.4%, but the number was still UP 9.5% from a year ago, making 14 months in a row of year-over-year gains. This measure of existing homes under contract could foretell a small glitch in sales a few months out. The FHFA index of prices for homes financed with conforming mortgages gained 0.8% in May and is 3.7% ahead of a year ago. This home price index is up at a 13.3% annual rate the last three months, its fastest three-month pace in twenty years!

Homes For Sacramento

Rick Delgado

Wonder what your home is worth in today's market? Quickly find out by clicking here. If you'd like help selling your home, please contact Rick Delgado today.

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