Stewart HTEN top
Abel Garcia
Keller Williams Realty Katy @ Cinco Ranch
281-787-4648
  
23240 Westheimer Parkway Suite A, Katy, TX 77494     Phone: 281-787-4648    Fax: 281-220-2102   
FEBRUARY-2010
 
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 Stabilize, Remain Above Year-Ago Levels
Washington, February 02, 2010 Pending home sales have leveled from a market swing driven by response to the home buyer tax credit, according to the National Association of Realtors®. More...
December Existing-Home Sales Down but Prices Rise; 2009 Sales Up
Washington, January 25, 2010 After a rising surge from September through November, existing-home sales fell as expected in December after first-time buyers rushed to complete sales before the original November deadline for the tax credit. However, prices rose from December 2008 and annual sales improved in 2009, according to the National Association of Realtors®. More...
Realtors® See a Decade of Dramatic Developments
WASHINGTON, December 30, 2009 At the beginning of the 21st century, most home buyers had never viewed a home online; the three top home sale marketing methods were yard signs, newspaper ads and open houses; and nearly nine out of 10 buyers financed their purchase with a fixed-rate, 30-year mortgage. What a difference a decade makes. More...
National Real Estate Market Articles    Source:NATIONAL ASSOCIATION OF REALTORS®.
This Month’s
Consumer Articles
Exterior Remodeling Proves Best Bang for Your Buck, Realtors® Report
Washington, December 17, 2009 Despite a slow market and a slight decrease in the resale value of most remodeling projects, Realtors® report that the smartest home improvement investments may also be some of the least expensive. Results from the 2009 Remodeling Cost vs. Value Report show that small-scale exterior projects are the most profitable at resale, according to estimates by Realtors® who completed a recent survey. More...
Low-Flow Showerheads: How to Choose
Thanks to innovative new technology, today’s super-efficient low-flow showerheads save water, reduce your energy bills, and still feel good to use. Save Money Med $150/yr off water heating Effort Low 10 mins to 1 hr to install Investment Low $50 to $200 More...
Chimney Maintenance for Warmth and Safety
Chimney maintenance and a fireplace inspection can make the difference between warm safety and drafty danger.

Effort Low 1-2 hrs (inspect/sweep)
Investment Low $125-$205 (inspect/sweep) More...
What is Califonria Chic? I found it in Encino.
Have you considered Encino? Let me WOW! you. I consider this California chic, modern, green, luxurious. Enjoy the eye candy.
Looking for Great Cities to Live with Low Stress, Great Food and More?
American cities attract many desiring a slower pace with all the amenities like good food, cultural events. These sities are across the U.S. More...

National
Housing Indicators
Existing Home Sales
(December)
5.45 millions units*
Existing Home Median Price
(December)
$178,300
Housing Starts
(December)
557,000 units*
New Home Sales
(December)
342,000 units*

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



National
Economic Indicators
Homeownership Rate
4th Qtr 09 4th Qtr 08
67.2% 67.5%

The homeownership rate in the fourth quarter 2009 (67.2 percent) was not statistically different from the fourth quarter 2008 rate (67.5 percent). In the South, the homeownership rate was lower than a year ago, while no other region showed any significant change from corresponding fourth quarter 2008 rates.
New Home Sales
Dec 09 Nov 09
 
 
 
-7.6% -9.3%

Sales of new one-family houses in December 2009 were at a seasonally adjusted annual rate of 342,000. This is 7.6% below the revised November 2009 estimate of 370,000
Source U.S. CENSUS BUREAU

Real Estate Sales Statistics
December 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
5,450,000 		Single Family
4,790,000 		Condo/Co-op
660,000
vs. last month:  -16.7%  -16.8%  -15.4%
vs. last year:  15.0%  12.7%  34.7%
Click Here to view details

National Sales Price of Homes
  Homes
$178,300		 Single Family
$177,500		 Condo/Co-op
$183,700
vs. last year:  1.5%  1.4%  1.0%
Click Here to view details


Regional Home Sales
  U.S.
5,450,000 		Northeast
910,000 		Midwest
1,150,000 		South
2,010,000 		West
1,380,000
vs. last month:  -16.7%  -19.5%  -25.8%  -16.3%  -4.8%
vs. last year:  15.0%  21.3%  8.5%  15.5%  15.0%
Click Here to view details

Regional Sales Price of Homes
  U.S.
$178,300		 Northeast
$241,700		 Midwest
$143,200		 South
$152,000		 West
$236,000
vs. last year:  1.5%  3.2%  1.8%  -1.0%  2.7%
Click Here to view details

Regional Single Family Home Sales
  U.S.
4,790,000 		Northeast
660,000 		Midwest
1,050,000 		South
1,820,000 		West
1,260,000
vs. last month:  -16.8%  -19.5%  -25.5%  -16.1%  -7.4%
vs. last year:  12.7%  15.8%  7.1%  13.8%  14.5%
Click Here to view details

Regional Sales Price of Single-Family Homes
  U.S.
$177,500		 Northeast
$244,100		 Midwest
$141,100		 South
$153,800		 West
$241,200
vs. last year:  1.4%  2.9%  2.0%  -0.5%  2.4%
Click Here to view details

Regional Condo/Co-Op Sales
  U.S.
660,000 		Northeast
250,000 		Midwest
100,000 		South
190,000 		West
120,000
vs. last month:  -15.4%  -19.4%  -28.6%  -17.4%  33.3%
vs. last year:  34.7%  39.7%  25.0%  40.7%  25.0%
Click Here to view details

Regional Sales Price of Condo/Co-ops
  U.S.
$183,700		 Northeast
$235,500		 Midwest
$164,700		 South
$134,400		 West
$181,600
vs. last year:  1.0%  4.1%  -2.8%  -9.1%  5.6%
Click Here to view details

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