Best Value Real Estate

Pending home sales rose 1.5% in March from February, a positive sign for the housing market despite climbing mortgage rates and soaring gas prices from the Iran war, according to NAR. "A greater supply of inventory will help translate that demand into more home sales," said NAR Chief Economist Lawrence Yun, who added that new construction should focus on smaller, more affordable starter homes to reach first-time buyers most squeezed by rate fluctuations.