32% of non-homeowners say their limited income is a factor holding them back from saving from a
A Historic Rebound For The Housing Market
“A leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos, and co-ops. Because a home goes under contract a month or two before it is sold, the Pending Home Sales Index generally leads Existing-Home Sales by a month or two.”
Why is this rebound important?
“This has been a spectacular recovery for contract signings and goes to show the resiliency of American consumers and their evergreen desire for homeownership…This bounce back also speaks to how the housing sector could lead the way for a broader economic recovery.”
“More listings are continuously appearing as the economy reopens, helping with inventory choices…Still, more home construction is needed to counter the persistent underproduction of homes over the past decade.”
My name is Melinda and I was born and raised in El Paso. I have had the privilege of seeing this community grow into the wonderful thriving city it has become. I have my bachelors degree in Managemen....
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