JANUARY-2010 Newsletter
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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.
 
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 Local Market Reports
*Local Prices & State Sales
*Prepared by National Association of REALTORS®
**Prepared by Clarus MarketMetrics
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
Another Big Gain in Existing-Home Sales as Buyers Respond to Tax Credit
Washington, December 22, 2009 Existing-home sales rose again in November as first-time buyers rushed to close sales before the original November 30 deadline for the recently extended and expanded tax credit, according to the National Association of Realtors®. More...
Four out of 10 Recent Buyers Relied on FHA Loans, Says NAR
Washington, December 18, 2009 According to the most recent Realtors® Confidence Index, 39 percent of recent buyers purchased a home with a Federal Housing Administration-insured loan. More...
Nine Consecutive Gains for Pending Home Sales
Washington, December 01, 2009 Pending home sales have risen for nine months in a row, a first for the series of the index since its inception in 2001, according to the National Association of Realtors®. More...

National Real Estate Market Articles    Source:NATIONAL ASSOCIATION OF REALTORS®.
This Month’s
Consumer Articles
WSJ.com's 2009 "Most Often Viewed Featured Homes"
If you missed these spectacular homes for sale in 2009 that were featured in WSJ.com's real estate section, here's your chance to enjoy the 'eye-candy'. More...
Exterior Remodeling Proves Best Bang for Your Buck, Realtors® Report
Washington, December 17, 2009 Despite a slow market and a slight decrease in the resale value of most remodeling projects, Realtors® report that the smartest home improvement investments may also be some of the least expensive. More...
How to Eliminate Mold from Your Home
Since the mold industry is largely unregulated, use this guide to ensure you find a credentialed professional and understand the inspection, sampling, and clean-up process. More...
Smart Strategies for Building a Master Closet
Oliver Marks, says "Done right, a walk-in closet will add convenience and value to your master suite addition, and extend the life of your wardrobe, too".

 

National
Housing Indicators
Existing Home Sales
(Feburary)
5.45 million units*
Existing Home Median Price
(Feburary)
$178,300
Housing Starts
(Feburary)
557,000 units*
New Home Sales
(Feburary)
342,000 units*
*seasonally adjusted annual rate
Source NATIONAL ASSOCIATION OF REALTORS®.


National
Economic Indicators
Homeownership Rate
3rd Qtr 09 3rd Qtr 08
67.6% 67.9%

The homeownership rate (67.6 percent) for the current quarter was not statistically different from the third quarter 2008 rate (67.9 percent) or from last quarter's rate (67.4 percent).
New Home Sales
Nov 09 Oct 09
 
 
 
-11.3% +1.8%

Sales of new one-family houses in November 2009 were at a seasonally adjusted annual rate of 355,000. This is 11.3% below the revised October 2009 estimate of 400,000.
Source U.S. CENSUS BUREAU

Real Estate Sales Statistics
November 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
6,540,000
Single Family
5,770,000
Condo/Co-op
770,000
vs. last month:  7.4%  8.5%  0.0%
vs. last year:  44.1%  42.1%  60.1%

National Sales Price of Homes
  Homes
$172,600
Single Family
$171,900
Condo/Co-op
$178,000
vs. last year:  -4.3%  -4.4%  -3.1%


Regional Home Sales
  U.S.
6,540,000
Northeast
1,130,000
Midwest
1,550,000
South
2,390,000
West
1,460,000
vs. last month:  7.4%  6.6%  8.4%  4.8%  10.6%
vs. last year:  44.1%  52.7%  53.5%  44.8%  28.1%

Regional Sales Price of Homes
  U.S.
$172,600
Northeast
$223,400
Midwest
$140,800
South
$151,400
West
$231,100
vs. last year:  -4.3%  -13.1%  -0.4%  -1.4%  -4.1%

Regional Single Family Home Sales
  U.S.
5,770,000
Northeast
820,000
Midwest
1,410,000
South
2,170,000
West
1,370,000
vs. last month:  8.5%  6.5%  9.3%  5.3%  14.2%
vs. last year:  42.1%  49.1%  51.6%  41.8%  30.5%

Regional Sales Price of Single-Family Homes
  U.S.
$171,900
Northeast
$221,400
Midwest
$139,400
South
$153,100
West
$235,000
vs. last year:  -4.4%  -17.0%  0.6%  -0.7%  -4.7%

Regional Condo/Co-Op Sales
  U.S.
770,000
Northeast
310,000
Midwest
140,000
South
220,000
West
90,000
vs. last month:  0.0%  6.9%  0.0%  0.0%  -25.0%
vs. last year:  60.1%  63.2%  68.7%  84.9%  1.1%

Regional Sales Price of Condo/Co-ops
  U.S.
$178,000
Northeast
$228,700
Midwest
$154,700
South
$134,100
West
$172,100
vs. last year:  -3.1%  -0.2%  -8.2%  -8.0%  -2.7%

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