REACH THE RIGHT SOLUTION AT THE RIGHT TIME!
Contact NMSI
Welcome to Nationwide Management Services, Inc. Our services are supported by a unique and proprietary fully-automated inspection system. Our system allows our agents to contact and complete your requests much faster and more effective than our competitors. We ensure you get the right service and provide you with access to comprehensive reports so that our relationship is 100% transparent. Our goal is to maximize every dollar you spend with us and to enhance the overall loss mitigation experience with you as well as your customer.
CONTACT US
 

Pending Home Sales Erase More Than Half of 2019’s Gains; Refis Still Shining as Rates Hug Long-Term Lows

Pending Home Sales Erase More Than Half of 2019’s Gains; Refis Still Shining as Rates Hug Long-Term Lows

December's pending home sales erased the small gain posted in November and the National Association of Realtors' (NAR's) Pending Home Sales Index (PHSI) ended the year exactly where it had begun. The PHSI is a forward-looking indicator of existing home sales based on purchase contracts signed during the month. It fell 4.9 percent in December, from 108.5 in November to 103.2. While this is 4.6 percent higher than the index in December 2018 (a reading of 99), it matches precisely the January 2019 level. Analysts had anticipated that contract signings would slow, but not decline . Those polled by Econoday had expected results ranging from no change to an increase of 1.0 percent after a 1.7 percent gain in November. Their consensus estimate was an increase of 0.4 percent. NAR chief economist Lawrence
No Comments

Sorry, the comment form is closed at this time.