Adam's Blog

For a long time it was a "seller's market" - now we're mired in a "buyer's market" -However, we very rarely hear anyone talk about a "balanced market" Before we get to that, let's remember what "Fair Market Value" is. FMV is defined as what a ready, willing and able buyer and ready, willing and a...

WASHINGTON (August 7, 2008) –       The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in June, rose 5.3 percent to 89.0 from a downwardly revised reading of 84.5 in May.       Lawrence Yun, NAR chief economist, said sales have been in a pattern of rising and fal...