patrick.net

http://www.marketwatch.com/story/pending-home-sales-index-ticks-up-01-in-january-2014-02-28-109103?siteid=rss

MarketWatch) -- A gauge of pending home sales ticked up 0.1% in January, but remained near a two-year low, signaling that upcoming activity may be slow, the National Association of Realtors reported Friday. The index of pending home sales was 95 in January, compared with 94.9 in December, which was the lowest reading since November 2011. Low inventory, declining affordability and poor weather are hitting results, NAR said. By region, the gauge of pending home sales in January rose 3.5% in the South and 2.3% in the Northeast, while falling 4.8% in the West and 2.5% in the Midwest. Pending...

#housing