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Housing Trends eNewsletter- Perry Peace

Housing Trends eNewsletter- Perry Peace

Perry Peace

Debordieu Colony Real Estate 

129 Luvan Blvd.
Georgetown, SC 29440


Phone: (843) 546-4176 

Housing Trends

November 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

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 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

Local Sales & Price Activity

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.Read more
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. Read 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 Move,Inc.

Consumer tips & hot properties

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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

The color you choose for your front door says a lot about who you are as a homeowner.


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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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