Pending Home Sales Slip in June, Remain Above a Year Ago
As there are fewer homes listed on the market we are seeing fewer offers being written and the pending home sales have slipped in June. I am also experiencing more situation where buyer’s are facing multiple offers situations and have to bid over asking price.
Do the banks really still have mass volumes of foreclosures left on the books? We could really use all the bank owned held back properties on the market right now!