Pending Home Sales Step Back in June

Pending home sales in June decreased by 5.4% month-over-month and 0.3% year-over-year, the National Association of Realtors reported Thursday.

We Found the Missing First-Time Buyers—They’re Still Living at Home

First American Senior Economist Sam Williamson examined Census Bureau data and found a considerable amount of potential first-time homeownership demand concentrated in the rental market–as well as a source for future household formation still living at home.

Pending Home Sales Fall 9.3%

Pending home sales decreased 9.3% in December, the National Association of Realtors reported Wednesday.