1-407-575-5392
Menu

signed contracts to buy homes rose for a second month in June

NEXT
PREV
  Follow me: Wendy Morris on Twitter Wendy Morris on Facebook Wendy Morris on LinkedIn
Fri, Jul 29, 2011 at 9:35AM

The number of people who signed contracts to buy homes rose for a second month in June. But the gain was not enough to signal a rebound in the weak housing market.

The National Association of Realtors says its index of sales agreements for previously occupied homes rose 2.4 percent in June to a reading of 90.9. A reading of 100 is considered healthy by economists. The last time it was that high was in April 2010.

The report is typically a good indicator of where the housing market is headed. There's usually a one- to two-month lag between sales contract and completed deals. But the Realtors group says a growing number of contracts have been canceled ahead of closings because of low appraisals.

 

Bookmark & Share



User Comments


Be the first to comment on this post below!


Popular tags on this blog

Al Capone | Bella Collina | Celebrity Homes | Disney News | Landlord | Orlando Market Reports | Orlando Penthouses | Queen of Versailles Jacqueline Siegel | David Siegel Windermere Lake Butler Sound | STAR WARS GALAXY’S EDGE | Summerport Windermere Fl | The Butler Chain Of Lakes Windermere fl | Waterfront Homes Clermont | Wendy Morris Realty Marketing | Windermere Fl |


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: My Florida Regional MLS (updated 5/26/18)

Listing Search



Translate Tool

Featured Listings
Belle Isle Real Estate
$789,900
4 BED
3 BATH
Amazing opportunity to live on Lake Conway. This house has a mother-in-law suite perfect for your in-law, a bonus spac... Read More
Windermere Real Estate
$3,875,000
5 BED
6 BATH
NEW CONSTRUCTION to be built. Discover Windermere’s newest and most exclusive LUXURY LAKEFRONT province nestled on t... Read More
Orlando Real Estate
$1,400,000
3 BED
3.5 BATH
Breathtaking 3 bedroom 3.5 bath pool home on the Famed Lake Conway Chain of Lakes. Gorgeous rocking chair front porch wi... Read More
Orlando Real Estate
$1,150,000
3 BED
3 BATH
Enter through a private garden courtyard and approach the grand front door. Step inside to an absolutely breathtaking 19... Read More
Clermont Real Estate
$698,000
3 BED
2.5 BATH
STUNNING DIRECT LAKEFRONT HOME ON LAKE LOUISA CLERMONT CHAIN OF LAKES. PRIVATE NO HOMEOWNERS FEES, BOAT DOCK AND LIFT 3... Read More
Contact Wendy Morris

407-575-5392

Wendy Morris LLC
DBA Wendy Morris Realty
Licensed in the State of Florida
BK 3146762
14832 Speer Lake Drive
Winter Garden, FL 34787

Your privacy is our utmost concern. We will never sell your personal information. Privacy Policy
©2011 -2018 windermerehomes.net - all rights reserved. | Site Map