Home Sales Rebound in April in North Texas

Last year, pending sales plunged in most of the country from April to May following the expiration of the federal home buyer tax credit. From last May’s depressed level, however, the vast bulk of associations/etc. have reported sizable gains in pending sales – sufficient to suggest a strong rebound in the pending home sales index from April.

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Real estate pending home sales rebound after 17 months of consecutive declines The PHSI in West region increases a whopping 5.4% in June

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The North. the rebound will continue through the rest of the second quarter.” April single-family sales in North Center ranged in price from $450,000 for a five-room frame cottage on Belmont Avenue.

The nation’s healthy economic environment drove an increase in pending home sales, pushing the index forward 2.8% in. Lloyd has a degree in broadcast journalism from the University of North Texas.

The Hogs and their fans have experienced home losses in that span to teams such as Louisiana-Monroe, Rutgers, Toledo and.

North Texas home sales rebound in April after declines in the first quarter. More than 9,600 single-family homes were sold by local real estate agents – 5% more than in April 2018. The increase in area home purchases last months followed several months of weakening sales due to affordability issues and upticks in mortgage costs.

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Read: Robots are coming for your jobs – Oregon, Louisiana, Texas. but sales in April were revised up a notch to show a 0.4% increase. So, a wash. Read: Cost of eating out is rising a lot faster.

2018 Home sales in North Texas home price home prices are UP 5% across North Texas from the 2nd quarter last year! $311 ,301. annual rate of approximately 5.5 million homes during the month of April. This was a decrease of 2.5 percent from March and a decrease of 1.4 percent from April of.

Oil has climbed to a 29-month high following political turmoil in the Middle East and North Africa. An index of pending home. down for a short period,” Lawler said. He estimates a home-sales.