Buyers are coming back … just in time for spring market!
There has been a 4.6 increase in contract sales states NAR Chief Economist Lauren Yun. He attributes lower mortgage rates as a big factor, and believes rates should remain steady for 2019. This is great news for the real estate market, as it gives buyers more buying power which ultimately feeds the market to contracts and ultimately sales.
Pending Home Sales Jump 4.6 Percent in January