• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Home Prices Grow at Fastest Pace in Seven Years

Home prices in the fourth quarter of 2012 showed a rate of annual appreciation greater than in any quarter since the end of 2005 the National Association of Realtors® (NAR) said today.  There were 133 metropolitan areas in which median prices rose during the quarter out of the 152 tracked by NAR.  Prices increase in 120 areas in the third quarter and only 29 one year earlier.  Twenty-nine areas posted

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Tight Supply Blamed for Weaker Pending Home Sales

Even though contract signings declined in December it was the 20th straight month where pending home sales increased on an annual basis.  The National Association of Realtors® (NAR) said that its Pending Home Sales Index (PHSI) fell 4.34 percent in December to 101.7 from 106.3 in November.  It was however 6.9 percent higher than in December 2011 when it was 95.1. The Pending Home Sales Index is a forward looking indicator

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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