National Association of Realtors (NAR)

NAR reports that pending sales declined nationwide

National Association of Realtors says inventory also fell.

Lack of inventory, declining housing affordability cited most often.

Index fell 2% in August from July, and is down 24.2% year over year.

Median existing-home price also rose, the 126th consecutive month of year-over-year increases.

Submit letter to the White House & National Economic Council urging reduction in mortgage insurance premium.