Jacob David

Champions Real Estate Group


Cell: 281-546-8433   

Housing Trends

June 2010

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National market update

Pending Home Sales Surge Continuing

Washington, June 02, 2010 Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the National Association of Realtors®. More...
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Existing-Home Sales Continue to Improve in April

WASHINGTON (May 24, 2010) – Existing-home sales rose again in April with buyers motivated by the tax credit, improving consumer confidence and favorable affordability conditions, according to the National Association of Realtors®. More... Read more

National housing indicators

Existing home sales ()

5.77 million units*

Existing home median price ()

$173,100

Housing Starts ()

672,000 units*

New home sales ()

504,000 units*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

1st Qtr 10

67.1%

1st Qtr 09

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

Apr 10

+14.8%

Mar 10

+29.9%

Sales of new one-family houses in April 2010 were at a seasonally adjusted annual rate of 504,000. This is 14.8% above the revised March 2010 estimate of 439,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Jacob David

Hello Friends, Real Estate has been steady and gaining momentum. Leases have been doing brisk business. There's been a frenzy of lease activity and we as agents are barely able to keep up. Home buying is starting to take off as well. People are starting to love the price drop on homes and lowered interest rates. The home market has picked up. Read more

I hope you enjoy this newsletter. Read more

The way of the world is Real Estate. As long as man has been alive, he has been buying and selling property. The seller is that person who for a fair market value transfers the deed to his property to a buyer who wants the property for a great price - Jacob David. Read more

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Existing Home Statistics

View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.