Pending Home Sales On The Rise Again

According to the National Association of REALTORS, as of the end of April, pending home sales are now 6.7% higher than it was in May 2008. Pending home sales have also been rising for the past four consecutive months. Could this be the beginning of a change in the market?

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Check out this article from REALTOR magazine to see all of the stats and trends:

http://www.realtor.org/RMODaily.nsf/pages/News2009070101?OpenDocument

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