USA TODAY: The number of people who signed contracts to buy homes fell in September after two months of gains.
The National Association of Realtors said Friday that its index of sales agreements for previously occupied homes dropped 1.8% in September to a reading of 80.9. Contract signings fell in every region of the country except the West…
Analysts said some of the weakness in September probably reflected disruptions in the housing market caused by moratoriums imposed by banks on mortgage foreclosures. Banks halted tens of thousands of foreclosures as they investigated allegations that some foreclosures involved flawed legal documents… (more)
