The number of homes under contract to sell increased in May. It’s the fourth straight month in which sales volume increased, corroborating the growing notion that housing is on the mend in most U.S. markets. Consider these other housing-related stories from the past month:
- Existing Home Sales are rising
- New home supplies are falling
- The Case-Shiller Index is turning positive-like
Put it all together and it looks like the housing market is about to reach its bottom (if it hasn’t already). But just because homes are going under contract to sell doesn’t mean that they actually will sell. A “deal” can fall apart for all sorts of reasons including failed home inspections, buyer-seller disputes, and mortgage-related problems…
To read the rest of this mortgage indsustry blog, visit:
http://www.loanapproval411.com/info_01/page_1.rad
Sincerely and respectfully,
Daniel A. Sosa
PMZ Mortgage Consultant
Office: 209-472-2010 x4716
Cell: 209-298-8017
Email: dsosa@pmzloans.com
Website: www.loanapproval411.com
