Pending Home Sales Down

July pending home sales in the Twin Cities are down from last year.  Most likely due to July buyers making their purchase in the Spring prior to the tax credit expiring.  I expect activity to pick up after Labor Day.  Although, most think it will remain...

NAR: Home Prices Are Firming

The trend in firming home prices solidified in the second quarter with more metropolitan areas showing increases from a year ago, aided by a surge in home sales driven by the home buyer tax credit, according to the latest survey by the National Association of...