Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, REALTOR.com local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.
What's Happening in Local Markets?
Local Market Reports for 150 Metropolitan Housing Markets *Local Prices & State Sales
*Prepared by National Association of REALTORS®
**Prepared by Clarus MarketMetrics
Community Reports on REALTOR.com
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Source: REALTOR.com
Home Ownership matters…to people, to communities, and to America. Why? • For every two homes sold, one job is created in the U.S. • Each purchase generates as much as $60,000 in economic activity over time. more...
Buying is now cheaper than renting in 74 percent of the nation’s largest cities. Low home prices and “rock-bottom” interest rates as well as tax advantages of homeownership are the reasons why it’s now cheaper to BUY a 2-bdrm home than to rent one. Check out this CNN Money article with the details. more...
Disclaimer:The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.
National Real Estate Market Update
Existing-Home Sales Constrained by Tight Supply in May, Prices Continue to Gain
WASHINGTON (June 21, 2012) - Limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions, according to the National Association of Realtors®. More...
International Sales Continue to Climb in U.S. Market
WASHINGTON (June 11, 2012) – Due to low prices and the relative weakness of the dollar, international buyers continue to identify the U.S. as a desirable place to own property and make a profitable investment. More...
National Real Estate Market Articles
Source:NATIONAL ASSOCIATION OF REALTORS®.
May 2012 Existing Home Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.
View Prices / % Changes for 159 Cities & Metropolitan Areas
Economists' Commentaries provide an in-depth look at trends and current news related to housing and the real estate market.
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Contact Me for all of your Real Estate needs Andrew Orzechowski Tatry Realty L.L.C.
Consumer Tips & Cool Properties
Maximize Tax Credits for Energy and Medical Home Improvements
Yowza – $20,000 for installing solar panels and the corresponding power system? Well, there’s a 30 percent federal tax credit for 2012 that will take the sting out of that bill. More...
Do You Understand Your Hurricane Deductible?
If you live in a coastal state, it’s time to pull out your home owners insurance policy and see if you have a hurricane deductible. This will determine the amount of money you must pay out-of-pocket before your coverage kicks in if there is a hurricane. More...
Dos and Dont's Before Home Appraisal
Houzz.com gives excellent advice for making the value of your home stand out during your appraisal. More...
10 Ideas for Using Your Space Effectively
Maria Gracia is the master of organizing your home. Shes often asks if you "Feel like you're running out of space for all your stuff?" Here are Maria Gracia's 10 simple ideas for using your space more effectively. More...
Dreaming of a Summer Escape to an Italian Villa?
Check out this Italian Renaissance Tuscan Villa as your summer getaway. If you need 6 bedrooms, pool and an incredible view, it can be yours for $5.3M. More...
Mortgage Rates
Mortgage Calculator
National
Housing Indicators
Existing Home Sales (May) 4.55 million units*
Existing Home Median Price (May) $182,600
Housing Starts (May) 708,000*
New Home Sales (May) 343,000 (April)*
*seasonally adjusted annual rate SourceNATIONAL ASSOCIATION OF REALTORS®.
National
Economic Indicators
Homeownership Rate
1st Qtr 12
1st Qtr 11
65.4%
66.4%
The homeownership rate in the first quarter 2012 (65.4 percent) was lower than the first quarter 2011 rate (66.4 percent). The homeownership rates in the Northeast, Midwest, South, and West were lower than the corresponding first quarter 2011 rates.
New Home Sales
Apr 12
Mar 12
+3.3%
-7.3%
Sales of new single-family houses in April 2012 were at a seasonally adjusted annual rate of 343,000. This is 3.3 percent (+/- 12.3%)* above the revised March 2012 estimate of 332,000.
Information contained in this eNewsletter is compiled from a variety of sources. The accuracy and authenticity has not been verified by Move, Inc., is subject to change, is provided "as is" and is not guaranteed. The views expressed herein do not necessarily reflect those of Move, Inc.
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Home Ownership matters…to people, to communities, and to America. Why? • For every two homes sold, one job is created in the U.S. • Each purchase generates as much as $60,000 in economic activity over time. more...
