
Real Estate Recovering
NATIONAL MARKET UPDATE April’s Pending Home Sales index of signed contracts on existing homes fell 21.8%, but the National Association of Realtors chief economist expects this will be the lowest point for contracts, and May the lowest for closed sales. Zillow agrees. They report in the week ending May 10, newly pending sales nationwide were up almost 50% from the same period in April, plus, new for-sale listings were up 12.5%






