Pending home sales rise in February. NAR reports that the Pending Home Sales Index rose 8.2 percent in February, signaling a possible surge of home sales this spring in response to the home buyer tax credit. Watch a new video from NAR Chief Economist Lawrence Yun.

Fannie Mae poll: Two-thirds of Americans think now is a good time to buy. Many agree now is a good time to buy a home, but consumers are taking a more cautious approach to homeownership and believe the process will be harder for them than it was for their parents, according to the Fannie Mae National Housing Survey released today.