Pending home sales hit lowest level in a year Pending home sales dropped in January to its lowest level in a year as the lack of housing supply fought against the increasing buyer demand. While demand for homes is at its highest point since the Great Recession, affordability may force buyers into less expensive locations or smaller homes.
Independent voters growing more optimistic about economy The divide between Republicans and Democrats is growing wider as Republicans’ optimism hits new highs and Democrats’ pessimism hits new lows. Independents, however, are growing more optimistic about the future and present state of the economy.
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