GE Supra [HTEN]
DeAnn Bias
Keller Williams Realty Clear Lake / Nasa
7135162909
  
18100 Upper Bay Rd., Houston, TX 77058     Phone: (713) 516-2909    Fax: (281) 335-0500   
AUGUST - 2009 Newsletter
 
Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, housing market video reports, blogs, real estate glossary, maps, mortgage rates and calculators, consumer articles, and information on 50,000 neighborhoods.
Daily Real Estate Market Outlook
Economists' Commentaries provide an in-depth look at trends and current news related to housing and the real estate market.   Click here
What’s New
National Real Estate Market
Uptrend Continues in Pending Home Sales
Washington, August 04, 2009 Pending home sales are up for the fifth consecutive month, the first time in six years for such a streak, according to the National Association of Realtors®. More...
Existing-Home Sales Up Again
Washington, July 23, 2009 Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June, according to the National Association of Realtors®. More...
NAR Works for the Consumer
WASHINGTON July 23, 2009 – The following is a statement by National Association of Realtors® President Charles McMillan: "NAR and our 1.2 million members are pleased that the Federal Housing Finance Agency has instructed Fannie Mae and Freddie Mac to take action to clarify confusion over the new Home Valuation Code of Conduct for home appraisers implemented this past May. More...
National Real Estate Market Articles    Source:NATIONAL ASSOCIATION OF REALTORS®.
This Month’s
Consumer Articles
Will There Ever Be a Better Time To Buy Real Estate In Our Lifetime?
When is bottom bottom? -When a family earning the national median income of $53,182 can afford nearly 75% of the current homes for sale (realtor.com)? More...
Closing the Deal
There are a variety of things that can happen during "contract to close” to derail the process. While they may not halt the sale altogether, each can potentially cause lengthy delays and even escalate into a legal matter. Understanding some of the most common pitfalls can help you successfully close the deal. More...
Yes … You Need an Inspection
Since the purchase of a home is probably the largest single investment you will ever make, it’s important to learn as much as you can about the home and the condition of the property before you buy. More...
Virgin Island Vacation Home Bargains
If you have the money to spend, vacation home bargains are plentiful in the beautiful U.S. Virgin Islands. High-end estates are seeing prices slashed – such as a five-bedroom cliff-top villa on St. Thomas whose price dropped 22 percent to $3.695 million. Low-end deals are also ripe for the right buyer. More...
How to Purchase Waterfront Property
Be sure to do your homework before you "jump in the water” and purchase a dream home or lot on a river, lake or ocean. Buying waterfront property has a unique set of considerations.

National
Housing Indicators
Existing Home Sales
(June)
4.89 million units*
Existing Home Median Price
(June)
$181,800
Housing Starts
(June)
582,000 units*
New Home Sales
(June)
384,000 units*

*seasonally adjusted annual rate
Source NATIONAL ASSOCIATION OF REALTORS®.



National
Economic Indicators
Homeownership Rate
2nd Qtr 09 2nd Qtr 08
67.4% 68.1%

The homeownership rate (67.4 percent) for the current quarter was lower than the rate in second quarter 2008 (68.1 percent), but not statistically different from the rate in second quarter 2009 (67.3 percent).
New Home Sales
June 09 May 09
 
 
 
+11.0% +2.4%

Sales of new one-family houses in June 2009 were at a seasonally adjusted annual rate of 384,000. This is 11.0% above the revised May 2009 estimate of 346,000.
Source U.S. CENSUS BUREAU

Real Estate Sales Statistics
June 2009 Existing Home Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.

Metropolitan Prices & State Sales
 View Prices / % Changes for 159 Cities & Metropolitan Areas
    State Home Sales |  Total Sales of Single-family and Condo/Co-ops
    Housing Affordability Index |  Click Here to view details
  Mouse over the map to view
Regional Definitions
   
   
National Home Sales
  Homes
4,890,000 		Single Family
4,320,000 		Condo/Co-op
570,000
vs. last month:  3.6%  2.4%  14.0%
vs. last year:  -0.2%  0.2%  -3.1%
Click Here to view details

National Sales Price of Homes
  Homes
$181,800		 Single Family
$181,600		 Condo/Co-op
$183,300
vs. last year:  -15.4%  -15.0%  -18.9%
Click Here to view details


Regional Home Sales
  U.S.
4,890,000 		Northeast
820,000 		Midwest
1,100,000 		South
1,810,000 		West
1,160,000
vs. last month:  3.6%  2.5%  0.9%  4.0%  6.4%
vs. last year:  -0.2%  -4.7%  -1.8%  -3.7%  11.5%
Click Here to view details

Regional Sales Price of Homes
  U.S.
$181,800		 Northeast
$249,400		 Midwest
$157,000		 South
$163,200		 West
$214,800
vs. last year:  -15.4%  -5.9%  -9.1%  -11.9%  -24.9%
Click Here to view details

Regional Single Family Home Sales
  U.S.
4,320,000 		Northeast
610,000 		Midwest
1,010,000 		South
1,640,000 		West
1,060,000
vs. last month:  2.4%  0.0%  0.0%  3.1%  5.0%
vs. last year:  0.2%  -1.6%  0.0%  -4.7%  10.4%
Click Here to view details

Regional Sales Price of Single-Family Homes
  U.S.
$181,600		 Northeast
$250,000		 Midwest
$156,500		 South
$165,900		 West
$219,400
vs. last year:  -15.0%  -6.1%  -7.8%  -10.9%  -23.9%
Click Here to view details

Regional Condo/Co-Op Sales
  U.S.
570,000 		Northeast
210,000 		Midwest
90,000 		South
170,000 		West
100,000
vs. last month:  14.0%  10.5%  12.5%  13.3%  25.0%
vs. last year:  -3.1%  -12.5%  -18.9%  9.0%  23.5%
Click Here to view details

Regional Sales Price of Condo/Co-ops
  U.S.
$183,300		 Northeast
$247,700		 Midwest
$163,100		 South
$137,000		 West
$165,700
vs. last year:  -18.9%  -5.4%  -18.0%  -24.6%  -34.7%
Click Here to view details

   
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