The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound: 1. Existing Home Sales (closed sales) are up, marking two consecutive months of growth. 2. Pending Home Sales (contracts signed) are up with each of the four major […]
Pending Home Sales Rise in Farragut TN, Knoxville and Nationally
The National Association of REALTORS® just released their latest Pending Homes Sales Index and it showed that homes going into contract in February increased to their highest level since June 2013. The Pending Home Sales Index is based on pending sales of existing homes and is a great indicator of the current market. A sale is considered pending […]