Pending home sales on the rise

For the 6th straight month, homes that are in contract has been increasing. This means more sold homes in the next couple of months. NAR chief economist says the housing market momentum has clearly turned to the better.  He also expects home sales to rise through the 4th quarter of this year.

For more information, please click on the following link:

http://rismedia.com/2009-09-01/pending-home-sales-on-a-roll-up-for-sixth-straight-month/