| Realtors® See Buyers Returning to Market |
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WASHINGTON, May 14, 2009 Historically high housing affordability and low mortgage interest rates, combined with buyer opportunities in the distressed sales market, have increased home sales in many areas of the country. “There has never been a better time to buy,” said National Association of Realtors® Chief Economist Lawrence Yun. More...
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| Credit is Key to Real Estate Recovery |
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WASHINGTON, May 12, 2009 Improving the availability of credit and access to capital are essential to recovery in the real estate market. Addressing these challenges was the focus of the "Financing Real Estate for Tomorrow" session, part of the National Association of Realtors®' daylong "Real Estate Summit: Advancing the U.S. Economy.” More...
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| Existing-Home Sales Rise in April |
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WASHINGTON, May 27, 2009 Existing-home sales rose in April with strong buyer activity in lower price ranges, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – increased 2.9 percent. More...
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| Pending Home Sales Up for Three Months in a Row |
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WASHINGTON, June 02, 2009 Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit. More...
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| The American Dream |
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Emotion plays a major role in why we buy most everything. We justify our emotionality with logic. It is really why we buy a home. "It was a smart move". "It was the right thing to do". "The schools are the best in the city". The housing market is based on these biases and emotionalities. It is all part of the American dream. More...
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| Guard Your Mail |
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Your mail can be an easy source of sensitive information about you and your financial world to identity thieves. There are three Ps of postal protection to make sure they can’t get at it! More...
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| The Art of Negotiation |
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All aspects of a real estate transaction involve negotiation. Depending on your tolerance for the give and take of making a deal, this part of selling or buying property will excite or terrify you. Sure, you could grab top dollar for your home—or you could be talked into a boatload of reasonablesounding concessions. More...
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| Take Care of Your Home |
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There are two times when you should pay particular attention to home maintenance before you buy the home and when you’re selling it. Oh, and all the time in between as well. Yes, taking good care of your home is essential if you want to preserve the highest possible value of your property and to ensure that you get the most utility and comfort from your residence. More...
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| Showing You the Money |
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Unless your bank account can cover a check for hundreds of thousands of dollars, you’ll need to borrow money to purchase a house. That’s where your mortgage loan enters the transaction. However, you should start the process of securing financing before you make an offer on a home so when the time comes, you’ll be ready, willing and able to purchase the property. More...
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| Why They Love Their Hometown |
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American love their hometowns. Find out why and what's important to them. More...
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Existing Home Sales
(April)
4.68 million units* |
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Existing Home Median Price
(April)
$170,200 |
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Housing Starts
(April)
458,000 units* |
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New Home Sales
(April)
352,000 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
4,680,000 |
Single Family
4,180,000 |
Condo/Co-op
500,000 |
| vs. last month: |
 2.9% |
2.5% |
6.4% |
| vs. last year: |
 -3.5% |
-2.8% |
-9.4% |
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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.
4,680,000 |
Northeast
770,000 |
Midwest
1,000,000 |
South
1,740,000 |
West
1,170,000 |
| vs. last month: |
2.9% |
11.6% |
-2.0% |
1.8% |
3.5% |
| vs. last year: |
-3.5% |
-10.5% |
-9.9% |
-8.9% |
19.4% |
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Click Here to view details
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| Regional Sales Price of Homes |
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U.S.
$170,200 |
Northeast
$237,400 |
Midwest
$138,800 |
South
$148,000 |
West
$222,600 |
| vs. last year: |
-15.4% |
-9.6% |
-11.7% |
-12.8% |
-21.8% |
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Click Here to view details
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| Regional Single Family Home Sales |
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U.S.
4,180,000 |
Northeast
580,000 |
Midwest
930,000 |
South
1,600,000 |
West
1,070,000 |
| vs. last month: |
2.5% |
11.5% |
-2.1% |
1.9% |
2.9% |
| vs. last year: |
-2.8% |
-7.9% |
-7.0% |
-9.6% |
18.9% |
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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.
$169,800 |
Northeast
$241,800 |
Midwest
$137,600 |
South
$149,900 |
West
$227,200 |
| vs. last year: |
-14.9% |
-9.2% |
-10.3% |
-11.8% |
-21.8% |
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Click Here to view details
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| Regional Condo/Co-Op Sales |
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U.S.
500,000 |
Northeast
190,000 |
Midwest
70,000 |
South
140,000 |
West
100,000 |
| vs. last month: |
6.4% |
11.8% |
0.0% |
0.0% |
11.1% |
| vs. last year: |
-9.4% |
-18.8% |
-33.3% |
2.2% |
31.6% |
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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.
$173,900 |
Northeast
$224,000 |
Midwest
$155,400 |
South
$126,900 |
West
$172,800 |
| vs. last year: |
-18.5% |
-9.7% |
-22.5% |
-25.1% |
-24.7% |
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Click Here to view details
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Copyright© 2009-2010, eFrogPond Inc. All Rights Reserved.
Information contained in this eNewsletter is compiled from a variety of sources. The accuracy and authenticity has not been verified by eFrogPond, Inc., is subject to change, is provided "as is" and is not guaranteed. The views expressed herein do not necessarily reflect those of eFrogPond, Inc.
eFrogPond, Inc. makes no representations or warranties of any nature with regard to the privacy and/or business practices of the websites linked from or to this eNewsletter nor the accuracy and authenticity of any information contained in such websites, and is not responsible for any action or lack of action by any linked site whatsoever, including their use of any information they may collect.
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