JULY 2010 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
Shirley Parks 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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Compare Community Amenities
Compare Community Statistics
* Shopping and Groceries
* Public Services
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* Food and Drink
* Population
* Households
* Education
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* Transporation
* Income
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* Net Worth
* Cost of Living
* Climate
Source: REALTOR.com
National Real Estate Market Update
Pending Home Sales Drop as Expected
Washington, July 01, 2010 WASHINGTON (July 1, 2010) – Following a surge driven by the home buyer tax credit, pending home sales fell with the expiration of the deadline for qualified buyers to sign a purchase contract, according to the National Association of Realtors®. More...
May Shows a Continued Strong Pace for Existing-Home Sales
Washington, June 22, 2010 Existing-home sales remained at elevated levels in May on buyer response to the tax credit, characterized by stabilizing home prices and historically low mortgage interest rates, according to the National Association of Realtors®. Gains in the West and South were offset by a decline in the Northeast; the Midwest was steady. More...
National Real Estate Market Articles
Source:NATIONAL ASSOCIATION OF REALTORS®.
June 2010 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.
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Contact Me for all of your Real Estate needs Shirley Parks sands realty
Consumer Tips & Cool Properties
Maintain Your Vacation Home
Plan to spend time and money to maintain your vacation home, no matter if you hire a property manager or local caretaker, or do the work yourself. More...
What to Do in the First 24 Hours After a Flood
After flood waters subside, document, work with your insurer, and clean up safely. More...
Green Siding Options
Selecting green siding is a matter of weighing trade-offs in longevity, insulation, biodegradability, maintenance, and, in some cases, cost. More...
How Much Would You Pay For A Mattress?
Wall Street Journal asks, "A Mattress at $33,000? Made With Horsehair, Silk and Gold, New Bedding Pushes Prices Sky-High". Find out just how much a "good night sleep" may cost you. More...
Have $1 Million to Spend? What Will it Buy?
If you like living on a golf course, fireplaces, marble flooring, 4 car garage, multiple bedrooms & baths, gameroom, theaters, gyms, tennis courts and pool, $1 million may not be enough. Just how far will your money go? More...
Mortgage Rates
Mortgage Calculator
National
Housing Indicators
Existing Home Sales (May) 5.66 million units*
Existing Home Median Price (May) $179,600
Housing Starts (May) 593,000 units*
New Home Sales (May) 300,000*
*seasonally adjusted annual rate SourceNATIONAL ASSOCIATION OF REALTORS®.
National
Economic Indicators
Homeownership Rate
1st Qtr 10
1st Qtr 09
67.1%
67.3%
The homeownership rate in the first quarter 2010 (67.1 percent) was not statistically different from the first quarter 2009 rate (67.3 percent). In the West, the homeownership rate was lower than a year ago, while no other region showed any significant change from corresponding first quarter 2009 rates.
New Home Sales
May 10
Apr 10
-32.7%
+14.7%
Sales of new one-family houses in May 2010 were at a seasonally adjusted annual rate of 300,000. This is 32.7% below the revised April 2010 estimate of 446,000.
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
-2.2%
19.2%
