The National Association of Realtors Pending Home Sales Index, a forward looking indicator based on contracts signed in February, rose 2.1% to 82.1 from a reading of 80.4 in January. Although below the February 2008 number of 83.3, this indicates a positive trend. The index in the South rose 4.4% to 85.8; this is only 0.1% below a year ago. Read More….

In a recent Reuters News release President Obama and Federal Reserve Chair Ben Bernanke pointed to signs that the recession is ebbing as a result of a stronger Real Estate market, recapitalized banks and the auto industry rescue measures. Read More….

Read any Real Estate oriented news release, news feed or website these days and you will observe two dominant themes, the state of the economy and new forms of communication. Read More….

Anyone associated with the real estate market these days is living in very interesting times. The current downturn has affected owners, buyers, sellers, real estate agents, lenders, builders, developers, taxing authorities, retailers and educational institutions and attorneys — most notably you attorneys who have built your practice around real estate closings. Read More….