Pending home sales rose in January compared with December and reached the highest level in more than two and a half years, which bodes well for sales of homes in the months ahead.The National Association of Realtors reported Wednesday that its index of pending home sales rose 4.5 percent to the highest level since April 2010, when a tax credit for homebuyers was expiring.The pending sales rose in all regions of the country, though they were smallest in the West. In the Midwest the index increased…
Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]
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