Wednesday, February 01, 2006WASHINGTON,D.C. – Pending home sales continue to according to the National Association of Realtors®.
The Pending Home Sales Index,* based on contracts signed in December, was down 3.0 percent to a level of 116.4 from 120.0 in November, and is 5.5 percent below December 2004. Pending sales have trended steadily down from a record index of 129.2 last AugustThe index in the West fell 8.1 percent to 117.1 in December and was 11.8 percent lower than a year ago.
ABOUT THE AUTHOR Bob Schwartz, is a Certified Residential Specialist, and a CA licensed San Diego real estate broker You can contact Bob via e-mail at bob@brokerforyou.com or visit his highly popular San Diego real estate website. -
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