| Home Prices Rise in Some Metros, Buyers More Active in Other Areas |
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WASHINGTON, November 18, 2008 - Four out of five metropolitan areas recorded lower home prices in the third quarter from a year earlier, while existing-home sales fell in 32 states from the second quarter, according to the latest quarterly survey by the National Association of Realtors®. More...
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| The Future for Home Prices |
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The title of this article is the same as one in today's Wall Street Journal (password required). The WSJ article raises questions about people's optimistic outlook on gaining wealth from their homes as being simply wishful thinking. Lawrence Yun, Chief Economist, National Association of Realtors, attempts in this corresponding article to lay out the same information - but in a different light. More...
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| Curb Appeal Matters Now More Than Ever, Say Realtors® |
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WASHINGTON, December 02, 2008 - For the second year in a row, Realtors® report that exterior remodeling projects return the most money as a percentage of cost, as detailed in the 2008 Remodeling Cost vs. Value Report. More...
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| Existing-Home Sales Soften on Economic Volatility |
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WASHINGTON, November 24, 2008 - Existing-home sales declined on the heels of a strong gain in September as uncertainty and economic concerns increased in October, according to the National Association of Realtors®. More...
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| Before You Apply for that Loan … |
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A strong financial history can be the key to securing a mortgage loan when buying a new home. Even if you can purchase a home with little or no money down, you still need a strong credit history to pay the balance. More...
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| Don't Rule Out a Condo |
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Are you ready to make the move from renter to owner but aren't sure you’re prepared for the maintenance and responsibilities that come with owning a home? Consider purchasing a condominium. In the past, people chose condominiums as a viable option to homeownership because of their affordability. While that may not hold true in every market today, there is another factor you might want to consider: lifestyle choice. More...
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| Know your Homeowners' Association |
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The home or condominium that you're thinking of buying may be governed by a homeowners association (HOA). What benefits do they provide you? More...
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| ForbesTraveler.com's Celebrates Christmas Around the World |
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ForbesTraveler.com reports Elves in Hawaiian shirts, Reindeer rodeo, Whale sashimi from the Arctic Circle to the Aloha State. It's the time of year to celebrate the multicultural mania inspired by the president-elect to bring you global Christmas traditions. ForbesTraveler.com brings it right to you in holiday party time from around the world in a slide show.
View Slideshow
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Existing Home Sales
(October)
4.9 million units* |
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Existing Home Median Price
(October)
$186,500 |
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Housing Starts
(October)
771,000 units* |
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New Home Sales
(October)
433,000 units* |
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*seasonally adjusted annual rate
Source NATIONAL ASSOCIATION OF REALTORS®. |
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Metropolitan Prices & State Sales |
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| National Home Sales |
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Homes
4,980,000 |
Single Family
4,430,000 |
Condo/Co-op
550,000 |
| vs. last month: |
 -3.1% |
-3.3% |
-1.8% |
| vs. last year: |
-1.6% |
 0.0% |
-12.0% |
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Click Here to view details |
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| National Sales Price of Homes |
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| Regional Home Sales |
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U.S.
4,980,000 |
Northeast
830,000 |
Midwest
1,100,000 |
South
1,840,000 |
West
1,210,000 |
| vs. last month: |
-3.1% |
-1.2% |
-6.0% |
-3.2% |
-1.6% |
| vs. last year: |
-1.6% |
-9.8% |
-9.1% |
-10.2% |
37.5% |
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Click Here to view details
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| Regional Sales Price of Homes |
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U.S.
$183,300 |
Northeast
$241,700 |
Midwest
$149,400 |
South
$161,100 |
West
$231,400 |
| vs. last year: |
-11.3% |
-6.1% |
-6.7% |
-5.8% |
-27.0% |
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Click Here to view details
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| Regional Single Family Home Sales |
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U.S.
4,430,000 |
Northeast
630,000 |
Midwest
1,000,000 |
South
1,690,000 |
West
1,110,000 |
| vs. last month: |
-3.3% |
1.6% |
-5.7% |
-4.0% |
-2.6% |
| vs. last year: |
0.0% |
-6.0% |
-7.4% |
-10.1% |
38.8% |
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Click Here to view details
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| Regional Sales Price of Single-Family Homes |
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U.S.
$181,800 |
Northeast
$242,500 |
Midwest
$145,500 |
South
$161,900 |
West
$236,700 |
| vs. last year: |
-11.2% |
-7.2% |
-7.2% |
-4.7% |
-26.7% |
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Click Here to view details
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| Regional Condo/Co-Op Sales |
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U.S.
550,000 |
Northeast
200,000 |
Midwest
100,000 |
South
150,000 |
West
100,000 |
| vs. last month: |
-1.8% |
-9.1% |
-9.1% |
7.1% |
11.1% |
| vs. last year: |
-12.0% |
-19.0% |
-21.3% |
-10.7% |
20.5% |
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Click Here to view details
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| Regional Sales Price of Condo/Co-ops |
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U.S.
$193,000 |
Northeast
$239,600 |
Midwest
$183,900 |
South
$153,800 |
West
$186,800 |
| vs. last year: |
-13.0% |
-4.4% |
-4.6% |
-16.8% |
-24.5% |
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Click Here to view details
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