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
Mark J. Kiklis Messages
Welcome! Here's all the real estate news that fit to print for this month.
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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Compare Community Amenities
Compare Community Statistics
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Source: REALTOR.com
National Real Estate Market Update
Existing-Home Sales Rise Again in January, Inventory Down
Washington, DC, February 22, 2012 - Lawrence Yun, NAR chief economist, said strong gains in contract activity in recent months show buyers are responding to very favorable market conditions. "The uptrend in home sales is in line with all of the underlying fundamentals – pent-up household formation, record-low mortgage interest rates, bargain home prices, sustained job creation and rising rents.” More...
Fourth Quarter Metro Area Home Prices Boost Affordability, Sales Improving
Washington, DC, February 09, 2012 - Housing affordability conditions improved in most metropolitan areas from softer existing-home prices and record-low mortgage interest rates in the fourth quarter, with rising sales and lower inventory creating more balanced conditions. More...
National Real Estate Market Articles
Source:NATIONAL ASSOCIATION OF REALTORS®.
January 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.
Click here
Contact Me for all of your Real Estate needs Mark J. Kiklis Kiklis Real Estate, LLC
Consumer Tips & Cool Properties
Simple Tips to Increase Your Home's Curb Appeal
Have you been wanting to change the look of your house but aren't sure what you can do to increase your curb appeal? Handyman Connection, one of the largest networks of home repair and remodeling contractors in North America, has released a few home improvement ideas to help you enhance the street view of your home. More...
7 Best Remodeling Projects for the Money
Planning your remodel and want to make sure you’re spending your hard-earned cash wisely? Each of these replacements and upgrades earned top honors in Remodeling magazine’s latest Cost vs. Value Report* for having the biggest bang for your buck — giving you the best return on your home improvement dollar while preserving the value of your home. More...
How to Claim Your 2011 Energy Tax Credits
They’re not as much as they used to be, but there are still energy tax credits to be had for upgrades made in 2011. More...
What You Need to Know About Buying a Home Security System
Everyone wants to protect their home, their property, and most of all, their families. In fact, market research suggests the home security business is growing at a rate of about 9 percent a year. But home security systems are not all alike. More...
Considering Retirement Communities? Top 10 Picks
If continuing the Good Life means good access to medical care and housing affordability, here are the Top 10 cities to consider retiring to. They focus on lifestyle with strong balance between outdoor recreation, cultural and educational institutions. Being close to a good airport and good public transportation head up the "Wants". More...
Mortgage Rates
Mortgage Calculator
National
Housing Indicators
Existing Home Sales (January) 4.57 million units*
Existing Home Median Price (January) $154,700
Housing Starts (January) 699,000 units*
New Home Sales (January) 321,000 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
Jan 12
Dec 11
-0.9%
+1.9%
Sales of new single-family houses in January 2012 were at a seasonally adjusted annual rate of 321,000. This is 0.9 percent (+/- 16.6%)* below the revised December 2011 estimate of 324,000.
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Welcome! Here's all the real estate news that fit to print for this month.
National Home Sales
4.3%
-10.3%
