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Seventy-four percent of those polled said that now is a good time to sell a home—a modest increase over 73% last quarter.
Last month three of the four major regions of the country reported a rise in sales, while the West recorded a decline.
The National Association of REALTORS® is calling on the Consumer Financial Protection Bureau to improve the Qualified Mortgage definition and patch while supporting an extension before a long-term solution is secured. The current patch expires on January 10, 2021.
Reform of GSE and HUD operations has been a top priority of the President since earlier this year, and the White House released a proposal today.
Of the four major regions, each reported a drop in contract activity, although the greatest decline came in the West.