A week economy and job market combined with brutal winter conditions across the country have taken their toll on January pending home sales which dropped 7.6% from December to January. Issues surrounding the number: Job recovery has not begun based on the latest unemployment numbers. Lending is down across the board. Government incentives such as the tax credit will be expiring in a few months. Foreclosures are still at record levels. Bad weather effect open house events.
www.SellMyHouse.com Staff Writter

housing market · Pending Home Sales · sell my house