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
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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...
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...
Disclaimer:The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.
National Real Estate Market Update
April Existing-Home Sales Up but Constrained
WASHINGTON (May 22, 2013) – Existing-home sales rose in April but remain below underlying demand because of limited inventory and tight credit, according to the National Association of Realtors®. All regions are showing strong price gains from a year ago. More...
Mortgage Rates Trending Upward
May 23, 2013 - Mortgage rates climbed for the third consecutive week, according to the latest survey by mortgage buyer Freddie Mac. The average for a 30-year fixed-rate mortgage now hovers a quarter percentage point higher than it did at the beginning of the month. The average rate on a 30-year fixed-rate loan climbed to 3.59% this week. More...
National Real Estate Market Articles
April 2013 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.
Consumer Tips & Cool Properties
Storm Shelters in High Demand After Tornados
Daily Real Estate News- May 23, 2013 - "More home owners are considering adding storm shelters following a deadly tornado on Monday that tore through parts of Oklahoma City, flattening hundreds of homes and killing at least 24 people." More...
10 Things to Consider Before Making an Offer on a Home
Putting in an offer on your first home can be a heart pounding experience. It is a good idea to take a moment before you take that important step and make sure you are ready by asking yourself these questions and discussing with your Realtor. More...
Landscaping Can Impact Home Values
"If a landscaping change is positive, it can often enhance price and reduce a home’s time on the market... But if the change is negative, it can lower the price and lengthen the time a home remains for sale.” More...
Moving Tips To Help Your Child Through The Big Move
Moving is a complicated process but it can be especially difficult on children. By the time we reach adulthood, most of us have lived in a variety of different places. However, for your children, the house and neighborhood you are now moving away from might be the only home they have ever known. More...
Deck and Patio Lighting Ideas that Add Livability
Cool deck and patio lighting helps you get more use — and enjoyment — from your outdoor living spaces. Here are some examples to ready your summer time enjoyment. More...
Existing Home Sales (April) 4.97 million units*
Existing Home Median Price (April) $192,800
Housing Starts (April) 853,000 units*
New Home Sales (April) 454,000 units (Census Bureau)*
*seasonally adjusted annual rate SourceNATIONAL ASSOCIATION OF REALTORS®.
1st Qtr 13
1st Qtr 12
The homeownership rate in the first quarter 2013 (65.0 percent) was lower than the first quarter 2012 rate (65.4 percent). The homeownership rate in the South was lower than the corresponding first quarter 2012 rate, while the rates in the Northeast, Midwest, and West were not statistically different from the rates a year ago.
New Home Sales
Sales of new single-family houses in April 2013 were at a seasonally adjusted annual rate of 454,000. This is 2.3 percent (+/- 12.8%)* above the revised March 2013 estimate of 444,000.
Information contained in this eNewsletter is compiled from a variety of sources. The accuracy and authenticity has not been verified by Move, Inc., is subject to change, is provided "as is" and is not guaranteed. The views expressed herein do not necessarily reflect those of Move, Inc.
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