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
Michael Cole
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...
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Community Reports on REALTOR.com
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Source: REALTOR.com
National Real Estate Market Update
Existing-Home Sales Decline in March but Inventory Down, Prices Stabilizing
WASHINGTON (April 19, 2012) – Existing-home sales were down in March but continue to outpace year-ago levels, while inventory tightened and home prices are showing further signs of stabilizing, according to the National Association of Realtors®. More...
Pending Home Sales Ease in February but Solidly Higher Than a Year Ago
Pending home sales were down slightly in February but remain notably above the pattern in the first half of last year, according to the National Association of Realtors®. More...
National Real Estate Market Articles
Source:NATIONAL ASSOCIATION OF REALTORS®.
March 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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Consumer Tips & Cool Properties
Create an Outdoor Resort in Your Backyard
This summer many will be spending more vacation time at home instead of traveling to a distant location. According to the American Lighting Association (ALA), with a few updates to your outside lighting, you can enjoy a mini vacation at home. More...
Have $18 Million Lying Around? Coral Gables has a Home for You
HuffPost Miami brags that "If you've got $18 million lying around, Coral Gables has some real estate for you". Realtor.com provides glimpse into the 10 most expensive home in Gables. More...
Tornado Storm Shelters: Safe Room Protection When it Counts
How do you stand up to one of nature’s most destructive forces? Building a safe room or installing a modular storm shelter is one of the few defenses against a tornado. More...
Are You Looking for Energy Savings in All the Wrong Places?
Our energy costs are going up because too many of us are making the wrong judgment calls about how to save energy. Here’s why we’re having a disconnect. More...
What to Consider Before Building a Pool
In-ground pools are expensive projects with ongoing maintenance costs, so review the numbers before taking the plunge. More...
Mortgage Rates
Mortgage Calculator
National
Housing Indicators
Existing Home Sales (March) 4.48 million units*
Existing Home Median Price (March) $163,800
Housing Starts (March) 654,000 units*
New Home Sales (March) 328,000 units *
*seasonally adjusted annual rate SourceNATIONAL ASSOCIATION OF REALTORS®.
National
Economic Indicators
Homeownership Rate
4th Qtr 11
3rd Qtr 11
66.0%
66.3%
The homeownership rate in the fourth quarter 2011 (66.0 percent) was lower than the fourth quarter 2010 rate (66.5 percent). The homeownership rates in the Northeast, Midwest, South, and West were not statistically different from their corresponding fourth quarter 2010 rates.
New Home Sales
Mar 12
Feb 12
-7.1%
+7.3%
Sales of new single-family houses in March 2012 were at a seasonally adjusted annual rate of 328,000. This is 7.1 percent (+/- 20.7%)* below the revised February 2012 estimate of 353,000.
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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...
National Existing Home Sales
-2.6%
5.2%
