Sept pending home sales rise to highest level in 3 years

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8 votes

Rjw_comment_thumb Posted By: Richard Warren, 18 days ago (Report Spam)
Category: Real Estate News / Type: News
Source: finance.yahoo.com

WASHINGTON (Reuters) - Pending sales of previously owned U.S. homes unexpectedly rose in September to their highest level in nearly three years

Comments

At 11:25AM on November 03, 2009 - Will Barnard said...

Either way, the market is so minipulated by the banks that this data is way out of wack.

At 12:45AM on November 03, 2009 - Jim Wineinger said...

How many of those pending sales are actually being wholesaled by use of a contract for the end buyer before the contract with the bank for the short sale or REO? In other words could it be that each sale contract is only half of a sale and not 2 sales.