The National Association of Realtors’ Pending Home Sales Index rose in May.

Sacramento came in #12 on the list of the Nation’s Top 20 Hottest markets. Up from #18 on the list in 2018 with a 10 percent Listing Price increase.

The lower-than-usual mortgage rates have led to an increase in pending sales for May. Rates of 4% and, in some cases even lower, create extremely attractive conditions for home-owners. Meaning, buyers, for good reason, are anxious to purchase and lock-in at these rates.

With the hottest housing markets from data at, the year-over-year increases could be a sign of a rise in inventory. 

Rochester, New YorkFort Wayne, Indiana, Boston, Massachusetts, and Midland, Texas, were the hottest housing markets in May.

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