Denver Condos and Townhomes

head_left_image

National Pending Home Sales Rise to Year and a Half High

It looks like the trend we're seeing in Denver Homes for Sale is taking place at a national level as well. As we've been reporting here, the number of buyers has been increasing for months. And while prices are only trending upward slightly, it is a very positive sign that the number of Under Contract and Pending homes for sale are increasing.

This article from AOL, gives a good summary of the national picture - cautious optimism:

The number of Americans who signed contracts to buy homes in November rose to the highest level in a year and a half.

The best reading on pending homes sales since a federal home-buying tax credit expired appeared to encourage traders on Wall Street.

Still, the National Association of Realtors cautioned that a growing number of buyers are canceling their contracts at the last minute, making the gauge less reliable.

The Realtors group said Thursday that its index of sales agreements jumped 7.3 percent last month to a reading of 100.1.

Always remember, that trends - no matter how positive or negative - should never be substituted for local data. Over the past couple of years, prices for Highlands Ranch homes for sale have remained fairly stable while nearby areas like Aurora and Arvada have been hit much harder. If you're considering a specific area, give us a call and we can run neighborhood specific date for you. You can reach our team at 303-726-1874.

Also, factors like foreclosures and short sales impact numbers dramatically. You can see all of the available Denver HUD homes on our website or for a list of recently sold HUD homes, give us a call.

 

 

Denver Area Home Searches:
Homes for sale Aurora colorado,Homes for sale Arvada colorado,Homes for sale Brighton colorado,Homes for sale Broomfield colorado,Homes for sale Castle Rock colorado,Homes for sale Centennial colorado,Homes for sale Commcer City colorado,Homes for sale Denver colorado,Homes for sale Englewood colorado,Homes for sale Golden colorado,Homes for sale Highlands Ranch colorado,Homes for sale Lakewood colorado,Homes for sale Littleton colorado Homes for sale Northglenn colorado,Homes for sale Parker colorado,Roxborough Park Homes for Sale,Homes for sale Thornton colorado,Homes for sale Westminster colorado,Denver Area Homes by Zip Code

 

 

 

 

 

 

0 commentsBrian Petrelli • January 02 2012 11:52AM
National Pending Home Sales Rise to Year and a Half High
share
It looks like the trend we're seeing in Denver Homes for Sale is taking place at a national level as well. As we've been reporting here, the number of buyers has been increasing for months. And while prices are only trending upward slightly, it is a… more