Stewart HTEN top
Tony Camero
Keller Williams Realty Katy @ Cinco Ranch
281-220-2100
 
23240 Westeimer Parkway Ste A, Katy, TX 77494     Phone: (281) 220-2100    Fax: 281-220-2101   
SEPTEMBER-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 on a Record Roll
Washington, September 01, 2009 Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®. More...

Strong Gain in Existing-Home Sales Maintains Uptrend
Washington, August 21, 2009 - For the first time in five years, existing-home sales have increased for four months in a row, according to the National Association of Realtors®. More...
2nd Quarter Existing-Home Sales Rise in Most States, Helped by Affordable Metro Prices
Washington, August 12, 2009 - Existing-home sales in the second quarter showed healthy gains from the first quarter in the vast majority of states, and price declines have increased affordability in most metro areas, according to the latest survey by the National Association of Realtors®. More...
National Real Estate Market Articles    Source:NATIONAL ASSOCIATION OF REALTORS®.
This Month’s
Consumer Articles
Preserve your Good ’Hood
Homebuyers make their purchases based on many factors. But surveys have shown that the most important factors to them are the safety and quality of the neighborhood, followed by the performance of the school district. More...
Terms You Can Use
Buying your first home can be scary. Not only is the process complicated, but you’re bound to encounter new terminology. Understanding the language is the first step to taking the fear out of the homebuying process. More...
How to Have the Kitchen You’ve Always Wanted
Remodeling your kitchen can be daunting. But knowing what you want and learning the possible pitfalls can ensure a successful kitchen makeover. More...
10 Cities Leading the Market Recovery
Housing is turning around. Forbes magazine identified the country's largest metro areas where sales activity has increased. More...
How to Care for Your Home’s Foundation
It literally holds your home up. So whether you have a slab foundation, pier foundation, a crawl space, basement or walk-out, it’s important to know that prevention is the best solution for home-foundation problems.


National
Housing Indicators
Existing Home Sales
(July)
5.24 million unites*
Existing Home Median Price
(July)
$178,400
Housing Starts
(July)
581,000 unites*
New Home Sales
(July)
384,000 unites*

*seasonally adjusted annual rate
Source NATIONAL ASSOCIATION OF REALTORS®.



National
Economic Indicators
Homeownership Rate
2nd Qtr 09 2nd Qtr 08
67.4% 68.1%

The homeownership rate (67.4 percent) for the current quarter was lower than the rate in second quarter 2008 (68.1 percent), but not statistically different from the rate in second quarter 2009 (67.3 percent).
New Home Sales
July 09 June 09
 
 
 
+9.6% +9.1%

Sales of new one-family houses in July 2009 were at a seasonally adjusted annual rate of 433,000. This is 9.6% above the revised June 2009 estimate of 395,000.
Source U.S. CENSUS BUREAU

Real Estate Sales Statistics
July 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
5,240,000
Single Family
4,610,000
Condo/Co-op
630,000
vs. last month:  7.2%  6.5%  12.5%
vs. last year:  5.0%  5.0%  5.9%

National Sales Price of Homes
  Homes
$178,400
Single Family
$178,300
Condo/Co-op
$178,800
vs. last year:  -15.1%  -14.6%  -18.9%


Regional Home Sales
  U.S.
5,240,000
Northeast
930,000
Midwest
1,220,000
South
1,950,000
West
1,130,000
vs. last month:  7.2%  13.4%  10.9%  7.1%  -1.7%
vs. last year:  5.0%  3.3%  8.0%  5.4%  1.8%

Regional Sales Price of Homes
  U.S.
$178,400
Northeast
$236,700
Midwest
$157,200
South
$164,500
West
$202,300
vs. last year:  -15.1%  -15.0%  -5.9%  -7.1%  -28.0%

Regional Single Family Home Sales
  U.S.
4,610,000
Northeast
690,000
Midwest
1,120,000
South
1,770,000
West
1,030,000
vs. last month:  6.5%  13.1%  10.9%  7.3%  -2.8%
vs. last year:  5.0%  6.2%  9.8%  4.1%  1.0%

Regional Sales Price of Single-Family Homes
  U.S.
$178,300
Northeast
$236,000
Midwest
$156,200
South
$167,500
West
$206,500
vs. last year:  -14.6%  -15.7%  -5.4%  -5.6%  -28.0%

Regional Condo/Co-Op Sales
  U.S.
630,000
Northeast
240,000
Midwest
100,000
South
180,000
West
100,000
vs. last month:  12.5%  14.3%  11.1%  5.9%  11.1%
vs. last year:  5.9%  -4.4%  -6.5%  19.2%  16.3%

Regional Sales Price of Condo/Co-ops
  U.S.
$178,800
Northeast
$238,900
Midwest
$167,800
South
$134,800
West
$158,600
vs. last year:  -18.9%  -12.8%  -12.3%  -21.3%  -29.6%

   
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