GE Supra [HTEN]
Alan Morlan
The M Group- Keller Williams Realty
832-721-8523
  
550 Post Oak Blvd. Suite 350, Houston, TX 77027     Phone: 713-980-5135    Fax: (832) 553-2984   
NOVEMBER-2009 Newsletter
 
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.
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
Pending Home Sales Rise for Record Eight Straight Months
Washington, November 02, 2009 Pending home sales rose again, marking eight consecutive monthly gains – the longest streak since measurement began in 2001, according to the National Association of Realtors®. More...
NAR Commends Congressional Action to Extend Higher Mortgage Loan Limits
Washington, October 30, 2009 The resolution would extend the present loan limits for FHA, Fannie and Freddie through the 2010 calendar year at 125 percent of local median home sales prices, up to a maximum of $729,750 in high-cost areas. The floor for FHA is $271,050; the floor for Fannie Mae and Freddie Mac conforming loan limits is $417,000. More...
Housing Tax Credit Working, So Keep Momentum Going, NAR Urges Congress
Washington, October 20, 2009 Consumers are just starting to see the first glimmers of a bright future for the housing market and the overall economy. It’s up to Congress to make that glimmer a reality by building on the momentum created by the $8,000 home buyer tax credit. More...
National Real Estate Market Articles    Source:NATIONAL ASSOCIATION OF REALTORS®.
This Month’s
Consumer Articles
Selling Your Home? Most-Value, Quick-Fix Updates
With home prices down across most of the country, home sellers can’t afford to make mistakes when getting their home ready to list. What are the 4 best updates for owners who are tight on cash? More...
New Credit Card Legislation to Affect All
Unless you’re one of the few Americans who doesn’t use credit cards, you’ll see some big changes on Feb. 22, 2010. Learn how provisions of the Credit Card Act of 2009 will affect the way you receive credit and interact with your credit-card issuer. More...
Sports Fans Live Here
Football season is in full force and fans are cheering for their professional and college teams all over the country. But where are the best cities for fans of football … and basketball, hockey, baseball and more? More...
Always Wanted to Live in a Mansion? Now You Can!
Have you been eyeing certain properties with gorgeous views, sprawling grounds, 5+ bedrooms? Check with your Realtor because the recession has slashed prices. It's time to buy your dream mansion. More...
How to Select a Storage Facility
There will be a time in your life when you need offsite storage for some or all of your household items. Learn what to look for when choosing a facility to keep your belongings safe and secure. More...

National
Housing Indicators
Existing Home Sales
(September 2009)
5.57 million units*
Existing Home Median Price
(September 2009)
$174,900
Housing Starts
(September 2009)
590,000 units*
New Home Sales
(September 2009)
402,000 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
Sept 09 Aug 09
 
 
 
-3.6% +1.0%

Sales of new one-family houses in September 2009 were at a seasonally adjusted annual rate of 402,000. This is 3.6% below the revised August 2009 estimate of 417,000.
Source U.S. CENSUS BUREAU

Real Estate Sales Statistics
September 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
5,570,000 		Single Family
4,890,000 		Condo/Co-op
680,000
vs. last month:  9.4%  9.4%  9.7%
vs. last year:  9.2%  7.7%  21.2%
Click Here to view details

National Sales Price of Homes
  Homes
$174,900		 Single Family
$174,900		 Condo/Co-op
$175,100
vs. last year:  -8.5%  -8.1%  -11.7%
Click Here to view details


Regional Home Sales
  U.S.
5,570,000 		Northeast
950,000 		Midwest
1,250,000 		South
2,060,000 		West
1,300,000
vs. last month:  9.4%  4.4%  9.6%  9.0%  13.0%
vs. last year:  9.2%  11.8%  7.8%  10.8%  5.7%
Click Here to view details

Regional Sales Price of Homes
  U.S.
$174,900		 Northeast
$234,700		 Midwest
$147,600		 South
$153,500		 West
$219,000
vs. last year:  -8.5%  -7.0%  -1.0%  -7.6%  -15.1%
Click Here to view details

Regional Single Family Home Sales
  U.S.
4,890,000 		Northeast
700,000 		Midwest
1,140,000 		South
1,860,000 		West
1,190,000
vs. last month:  9.4%  6.1%  9.6%  8.1%  13.3%
vs. last year:  7.7%  11.1%  8.6%  8.1%  4.4%
Click Here to view details

Regional Sales Price of Single-Family Homes
  U.S.
$174,900		 Northeast
$237,800		 Midwest
$146,700		 South
$155,600		 West
$224,100
vs. last year:  -8.1%  -6.9%  -0.1%  -6.5%  -14.6%
Click Here to view details

Regional Condo/Co-Op Sales
  U.S.
680,000 		Northeast
250,000 		Midwest
110,000 		South
200,000 		West
110,000
vs. last month:  9.7%  0.0%  10.0%  17.6%  10.0%
vs. last year:  21.2%  13.1%  4.8%  38.9%  20.9%
Click Here to view details

Regional Sales Price of Condo/Co-ops
  U.S.
$175,100		 Northeast
$226,100		 Midwest
$156,400		 South
$134,100		 West
$164,300
vs. last year:  -11.7%  -6.8%  -12.2%  -15.9%  -18.9%
Click Here to view details

   
  If you wish to receive FREE Housing Trends eNewsletter e-mailed to you monthly, click here to Subscribe.
Click here to Unsubscribe.

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 this eNewsletter and is not responsible for any action or lack of action by any linked site whatsoever.

 
 
View Housing Trends eNewsletter