Category: Housing Trends Newsletter
03
Aug
Local trends
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Mortgage rates
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How big is an acre? What is an option?
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Take a look at our real estate glossary to learn definitions of common words and phrases used in the industry.
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National market update
Existing-Home Sales Rise in June as Home Prices Surpass July 2006 Peak
WASHINGTON (July 22, 2015) — Existing-home sales increased in June to their highest pace in over eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales price to an all-time high, according to the National Association of Realtors®. All major regions experienced sales gains in June and have now risen above year-over-year levels for six consecutive months.
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3 Reasons Why It’s a Great Time for Sellers
Rising home prices, demand from home buyers, and less competition is making 2015 a stellar year to sell for many U.S. home owners across the country, says Daren Blomquist, RealtyTrac’s vice president.
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National housing indicators
Existing home sales (July)
5.49 millions units*
Existing home median price (July)
$236,400
Housing Starts (July)
1.174 millions units*
New home sales (July)
0.546 millions units*
National economic indicators
Home ownership
The homeownership rate in the second quarter 2015 was 63.4 percent, down 1.3 (+/- 0.4) percentage points from the second quarter 2014 rate of 64.7 percent. The homeownership rates in the Northeast, Midwest, South and West were lower than the rates in the second quarter 2014.
New home sales
Sales of new single-family houses in June 2015 were at a seasonally adjusted annual rate of 482,000. This is 6.8 percent (+/- 12.5%)* below the revised May 2015 estimate of 517,000.
How much is your home worth? Get a real-time report on the value of your home. Start now
Regional market updates
View market statistics for your region.
Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 150 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.
Local Prices & State Sales
Local Sales & Price Activity
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. Read 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. Read 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.
Consumer tips & hot properties
5 Unexpected Lessons When Buying a Home (From People Who’ve Done It Before)
You never forget your first time… buying a house. Here’s what took us by surprise in the whole complicated process.
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Dirty Secrets: 9 Things Your Landscape Designer Wishes You Knew
For an outdoor oasis that is so you, make sure you know these 9 secrets (hint: designers don’t just do flowers).
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Lower Your Property Taxes Now: Here’s How to File a Winning Appeal
Think you’re paying too much? Maybe you are! Appealing your assessment can really pay off.
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How to Find a Home Inspector Who Will Change Your Life. Really!
A New York transplant who bought a home in Southern California tells the story of searching for—and finding—the best home inspector of all time. Here’s how you can find your own home-inspecting hero.
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This Secret-Room Fad Is Kind of a Mystery
Doors in disguise and hidden rooms are in demand, and even designers aren’t sure why.
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Existing Home Statistics
View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.
National Statistics
Statistics by City or Metropolitan Area
02
Jul
| Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.
Please click on this link to view the Housing Trends June 2015 Newsletter http://jeannekayne-northcountycoastalsandiego.housingtrendsenewsletter.com
The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.
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, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.
If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:
http://jeannekayne-northcountycoastalsandiego.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0
Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.
Sincerely yours,
Jeanne Kayne
Coastal Premier Properties
12625 High Bluff Drive, Suite 102 San Diego CA 92130
858-755-4663 | 858-356-2351 – cell
Jeanne@jeannekayne.com |
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