Weekly pending home sales finally exceed 2024

After a very disappointing first quarter with home sales failing to climb over 2024’s already anemic levels, signs are finally emerging in March that we’ve turned the corner to have some growth.This week’s pending home sales count came in at just under 69,000 single-family homes, which was 2.3% grea

Lower mortgage rates driving early spring home sales

Mortgage rates are lower this year compared to last, and while they haven’t dropped to 6% yet, many are wondering if we might see a pick-up in existing home sales driven by our early indicators. Today, I’m diving into this intriguing topic! It’s important to note that my focus isn’t on last week’s e

Alabama law: Buyers don’t have to sign contract before home tours

Alabama governor Kay Ivey has signed into law a bill that ensures homebuyers only have to sign a buyer brokerage agreement prior to submitting an offer on a property and not before touring a home with an agent. Ivey signed the bill into law on Tuesday after it passed the state Senate earlier this mo