2017 Anticipated to Deliver Strong Housing Market
Buying a home of your own is one of the largest accomplishments of your life, and if you’re looking to buy a house right now you’ve probably been saving money for years to make that dream come true. Luckily for you, experts predict that 2017 will be a great year for home buyers.
Positive Trends
For 31 months straight, the National Association of REALTORS® has announced that the Pending Home Sales Index posed above its benchmark value of 100. Since a home is considered pending once it is under contract between a buyer and a seller but not yet sold, a high number of pending homes indicates positive growth for the future. In fact, 80 percent of pending homes close within two months of the contract being established. Read more