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Blog Archives: February 2012

The Rilliet Report

February 17, 2012
Happy New Year! By all indications, 2012 is looking good for real estate. Throughout 2011, pending home sales stayed above 2010 levels and, according to a recent report by the National Association of Realtors (NAR), sales of existing homes rose for the third straight month in December, providing encouraging news as we enter 2012. Although the overall trends are positive, Lawrence Yun, NAR’s chief economist, concedes that contract failures remain a problem. As much as one-third of all escrows are affected by contract delays or failures ...

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