JANUARY 2012 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
Tony Camero 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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* Shopping and Groceries
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Source: REALTOR.com
National Real Estate Market Update
December Existing-Home Sales Show Uptrend
Washington, DC, January 20, 2012 - Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago, according to the National Association of Realtors®. More...
Pending Home Sales Rise Again in November, Highest in a Year-and-a-Half
Washington, DC, December 29, 2011 - Pending home sales continued to gain in November and reached the highest level in 19 months...The last time the index was higher was in April 2010 when it reached 111.5 as buyers rushed to beat the deadline for the home buyer tax credit. The data reflects contracts but not closings. More...
National Real Estate Market Articles
Source:NATIONAL ASSOCIATION OF REALTORS®.
December 2011 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.
Click here
Contact Me for all of your Real Estate needs Tony Camero Keller Williams Realty Katy @ Cinco Ranch
Consumer Tips & Cool Properties
2011 Energy Tax Credits: What You Need to Know to Collect
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...
8 Small Space Solutions for Shared Kids' Rooms
If your brood is growing but your house isn’t, try these 8 ideas for shared kids’ rooms that will give your wild bunch space for storage, sleeping, and playing. More...
Top 3 Most Common Home Defects to Check For
Top three home defects that every buyer and seller should check for before making an offer, or putting a home on the market. More...
Home Security Cameras: Peace of Mind While You’re Away
Easy-to-install security cameras let you keep an eye on your home from afar, ensuring safety and security for you and your family. More...
Winter Gardening: Plants that Provide Beauty All Year Round
Just because your garden is dormant for the winter doesn’t mean you should snooze, too. Experienced gardeners do their dreaming — and planning — when the snow flies. So while you’re thinking of blossoms and butterflies, be sure to add trees and shrubs that look great even in snow. More...
Mortgage Rates
Mortgage Calculator
National
Housing Indicators
Existing Home Sales (December) 4.61 million units*
Existing Home Median Price (December) $164,500
Housing Starts (December) 657,000 units*
New Home Sales (December) 307,000 units*
*seasonally adjusted annual rate SourceNATIONAL ASSOCIATION OF REALTORS®.
National
Economic Indicators
Homeownership Rate
3rd Qtr 11
2nd Qtr 11
66.3%
65.9%
The homeownership rate in the third quarter 2011 (66.3 percent) was lower than the third quarter 2010 rate (66.9 percent). The homeownership rates in the Midwest and South were lower than their corresponding third quarter 2010 rates.
New Home Sales
Nov 11
Oct 11
+1.6%
+1.3%
Sales of new single-family houses in November 2011 were at a seasonally adjusted annual rate of 315,000. This is 1.6 percent (+/- 12.2%)* above the revised October 2011 estimate of 310,000.
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
5.0%
-2.0%
