More on Pending Home Sales: The index hit its highest level since April 2010 when buyers rushed...

|By:, SA News Editor

More on Pending Home Sales: The index hit its highest level since April 2010 when buyers rushed into the market to beat the expiration of a tax credit. NAR chief economist Lawrence Yun attributes the increase in part to pent-up demand and from buyers recommitting after an initial contract ran into trouble.