Housing Trends eNewsletter- Perry Peace
Housing Trends eNewsletter- Perry Peace
129 Luvan Blvd.
Georgetown, SC 29440
Phone: (843) 546-4176
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Perry Peace
Debordieu Colony Real Estate129 Luvan Blvd.
Georgetown, SC 29440
Phone: (843) 546-4176
Housing TrendsNovember 2015 |
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National market update
Existing-Home Sales Dial Back in October
WASHINGTON (November 23, 2015) — With mortgage rates remaining below 4 percent for the third straight month, existing-home sales in October were at a healthy pace but failed to keep up with September's jump, according to the National Association of Realtors®. All four major regions saw no gains in sales in October.
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The Scientific Secrets of What Makes a Happy Home
Home. The very word conjures up all sorts of warm and fuzzy feelings. But you’ve surely noticed that some people’s houses feel more homey than others. They say you can’t put happiness in a bottle—and yet recent research reveals plenty of ways to boost joy based on where you buy, how you renovate, and a bunch of other factors you may never have considered. Get clued in to these secrets of home happiness. You might just be rewarded with a significantly sunnier outlook.
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National housing indicators
Existing home sales (November)
5.36 million units*
Existing home median price (November)
$219,600
Housing Starts (November)
1.060 millions units*
New home sales (November)
0.468 millions units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
3rd Qtr 2015
+63.7%
3rd Qtr 2014
+64.4%
The homeownership rate in the third quarter 2015 was 63.7 percent, down 0.7 (+/- 0.4) percentage points from the third quarter 2014 rate of 64.4 percent. The homeownership rate in the Northeast was lower than the rate one year ago, while the rates in the Midwest, South and West were not statistically different from the rates in the third quarter 2014.
New home sales
September 2015
-11.5%
August 2015
+5.2%
Sales of new single-family houses in September 2015 were at a seasonally adjusted annual rate of 468,000. This is 11.5 percent (+/- 11.3%) below the revised August 2015 estimate of 529,000.
Source: U.S. CENSUS BUREAU
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Regional market updates
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Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 150 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.
Local Prices & State Sales
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Consumer tips & hot properties
Don't Wait for a Spring Thaw to Buy a Home
It's not the most popular time to buy a home, but you may be better off financially if you buy as soon as you can, according to our chief economist.
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Why You Should Never Buy the Best House in the Neighborhood
If your dream home is head and shoulders above the rest, it's a sign that you probably shouldn't buy it.
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Selling Your Home This Winter? You Can Still Make Your Yard Pop
Winter landscaping is far from an oxymoron—it's a necessity. Here are some easy solutions to improve the appearance of your frozen yard this winter.
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7 Things That Lead to Buyer's Remorse
Dreaming of custom home upgrades? Make sure the trade-offs won't ultimately drive you bonkers.
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The Surprising Things Your Front Door Reveals About Your Soul
Existing Home Statistics
View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.
National Statistics
Statistics by City or Metropolitan Area
Regional Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.
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