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
Buyer Interest Remains Solid as Inventory Shrinks
WASHINGTON (July 19, 2012) Lawrence Yun, National Association of REALTORS® chief economist, said "Despite the frictions related to obtaining mortgages, buyer interest remains solid. But inventory continues to shrink and that is limiting buying opportunities. This, in turn, is pushing up home prices in many markets.” More...
April Existing-Home Sales Up, Prices Rise Again
WASHINGTON (May 22, 2012) – Existing-home sales rose in April and remain above a year ago, while home prices continued to rise, according to the National Association of Realtors®. The improvements in sales and prices were broad based across all regions. More...
National Real Estate Market Articles
Source:NATIONAL ASSOCIATION OF REALTORS®.
June 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
Summer Safety Tips
Summer safety tips from the American Academy of Pediatrics Web site ( http://www.aap.org will keep your family safe this summer by following these tips. More...
Credit Score Fixes
Equifax offers how-to tips to "Become a Borrower with Your Credit Score". Did you know that higher score improves your financial options. Learn ways to become "credit worthy". More...
Stay Cool 9 Ways When Paying Your Energy Bill
Bakerate's Lora Shinn says, "Heating and air conditioning your home take a 43 percent bite from your monthly utility bill, according to the U.S. Department of Energy." More...
Home Fix-Ups More Popular Than Upgrades
Home owners are remodeling more often to repair and replace what’s old and worn out on their homes rather than upgrading. More...
Bathroom Storage: Smart Ways to Stow More
Desperately seeking storage in your bathroom? Here’s some clever, inspiring ways to find the proper place for everything and turn your bathroom into the soothing, well-managed spa of your dreams. More...
Mortgage Rates
Mortgage Calculator
National
Housing Indicators
Existing Home Sales (June) 4.37 million units*
Existing Home Median Price (June) $189,400
Housing Starts (June) 760,000 units*
New Home Sales (June) 369,000 units (May)*
*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
June 12
May 12
-8.4%
+6.7%
Sales of new single-family houses in June 2012 were at a seasonally adjusted annual rate of 350,000. This is 8.4 percent (+/- 12.4%)* below the revised May 2012 estimate of 382,000.
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...
