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US pending home sales rise to highest since 2010

Wednesday - 2/27/2013, 2:06pm  ET

In this Saturday, Jan. 5, 2013, photo, a sale pending sign is outside of a house in Mount Lebanon, Pa. A measure of the number of Americans who signed contracts to buy homes rose in January from December to the highest level in more than 2 ½ years. The increase suggests sales of previously occupied homes will continue rising in the coming months. (AP Photo/Gene J. Puskar)

CHRISTOPHER S. RUGABER
AP Economics Writer

WASHINGTON (AP) -- A measure of the number of Americans who signed contracts to buy homes rose in January from December to the highest level in more than 2
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