DECEMBER-2009 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
DonnaSherwood 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 Statistics
* Shopping and Groceries
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Source: REALTOR.com
National Real Estate Market Update
NAR Survey Shows First-Time Home Buyers Set Record in Past Year
San Diego, November 13, 2009 First-time home buyers reached the highest market share on record during the past year, according to the latest consumer survey of home buyers and sellers. More...
Existing-Home Sales Surge in Many States in Third Quarter, Metro Prices Moderating
WASHINGTON, November 10, 2009 Most states continued to experience rising existing-home sales in the third quarter, with prices moderating in many metro areas, according to the latest survey by the National Association of Realtors®. More...
Tax Credit Extension a Positive Step Toward Sustained Real Estate Recovery, Say Realtors®
Washington, November 05, 2009 The National Association of Realtors® today commended the U.S. Senate and House of Representatives for passing a bill that includes an extension and expansion of the current home buyer tax credit as an important step in ensuring a real estate and economic recovery. More...
National Real Estate Market Articles
Source:NATIONAL ASSOCIATION OF REALTORS®.
November 2009 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 DonnaSherwood Keller Williams Heritage
Consumer Tips & Cool Properties
Football Legend Joe Montana's Tuscan Villa in Calistoga
Joe Montana, searched long and hard to find the perfect 500 acres on a hilly, forested expanse with year-round creeks and uninterrupted views in Calistoga, CA, to build his 9,700-square-foot Tuscan villa-style house. View beautiful photos...
Let the IRS Help You Give a Home for the Holidays
Let Uncle Sam be your Santa Claus this year when you take advantage of the IRS Gift Tax (http://www.irs.gov/publications/p950/index.html). "You and your spouse are each allowed to give gifts of $13,000 of money or property to as many people as you want, without triggering taxes for you or the recipients." More...
7 Smart Strategies for Remodeling Your Bathroom
When planning a kitchen remodeling project, keep the same footprint, add storage, and design adequate lighting to preserve value and keep costs on track. More...
12 Ways to Save Energy in Your Home Office
I bet you didn't realize how your power consumption increases with your office office. Most of us are happy to eliminate the commute and gas usage. Here are tips to cut your power consumption, lighting, and heating and cooling costs when you work from home. More...
Homebuyer Tax Credit: What You Need To Know
Long-time homeowners and first-time homebuyers may benefit from a new federal tax credit when purchasing a home. Buy before April 30, 2010 to qualify. More...
Mortgage Rates
Mortgage Calculator
National
Housing Indicators
Existing Home Sales (Octber 2009) 6.10 millions units*
Existing Home Median Price (Octber 2009) $173,100
Housing Starts (Octber 2009) 529,000 units*
New Home Sales (Octber 2009) 430,000 units*
*seasonally adjusted annual rate SourceNATIONAL ASSOCIATION OF REALTORS®.
National
Economic Indicators
Homeownership Rate
3rd Qtr 09
3rd Qtr 08
67.6%
67.9%
The homeownership rate (67.6 percent) for the current quarter was not statistically different from the third quarter 2008 rate (67.9 percent) or from last quarter's rate (67.4 percent).
New Home Sales
Oct 09
Sept 09
+6.2%
-2.4%
Sales of new one-family houses in October 2009 were at a seasonally adjusted annual rate of 430,000. This is 6.2% above the revised September 2009 estimate of 405,000.
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
10.1%
-7.1%
