
From REALTOR® Magazine: Buying Sprees Continue, Contract Signings Surge to Record High
As explained by REALTOR® Magazine in their recent online post, the number of pending home sales have surpassed pre-pandemic levels, "defying forecasts." All four major regions of the U.S. have shown higher year-over-year pending home sales, according to the National Association of REALTORS®. Lawrence Yun, NAR’s chief economist, expains, "Tremendously low mortgage rates-below 3%-have again helped pending...