JANUARY-2010 Newsletter
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
Cliff Collipriest Messages
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...
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...
Disclaimer:The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of eFrogPond,Inc.
Community Reports on REALTOR.com
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Source: REALTOR.com
National Real Estate Market Update
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®.
December 2009 Existing Home Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.
Metropolitan Prices & State Sales
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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Contact Me for all of your Real Estate needs Cliff Collipriest River Cities Specialists
Consumer Tips & Cool Properties
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".
Mortgage Rates
Mortgage Calculator
National
Housing Indicators
Existing Home Sales (February) 5.45 million units*
Existing Home Median Price (February) $178,300
Housing Starts (February) 557,000 units*
New Home Sales (February) 342,000 units*
*seasonally adjusted annual rate SourceNATIONAL 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.
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 content contained in any linked site or for any action or lack of action by any linked site whatsoever, including their use of any information they may collect.
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...
Metropolitan Prices & State Sales
National Home Sales
7.4%
-4.3%
