Thursday, July 31, 2014

June 2014 US National Housing Trends


Angela Yglesias

Levesque Realty 

Cell: 805-490-4944   
Phone: 805-490-4944 

Housing Trends

Jun2014


Use our tools
to find out

Neighborhood reports

Market Snapshot
Get a detailed report showing market trends in your neighborhood, including recent listings, sales prices and average time on market.
Get a report

Community reports

Powered by realtor.com®

Enter a ZIP code to create a report. Enter a second ZIP to compare two communities.
View statistics on population, education, housing, transporation, income, employment, net worth, cost of living and climate.
Compare amenities such as public services, places of worship, recreation and leisure facilitles, shopping and restaurants.
Get a report

Mortgage rates

Powered by thefinancials.com

Mortgage calculator

Market Snapshot
Get a detailed report showing market trends in your neighborhood, including recent listings, sales prices and average time on market.
Get a report

How big is an acre? What is an option?
Do I need hazard insurance?

Take a look at our real estate glossary to learn definitions of common words and phrases used in the industry.

National market update

Existing-Home Sales Heat Up in May, Inventory Levels Continue to Improve

WASHINGTON (June 23, 2014) – Existing-home sales rose strongly in May and inventory gains continued to help moderate price growth, according to the National Association of Realtors®. All four regions of the country experienced sales gains compared to a month earlier. Read more

New Home Construction Needed to Match Job Creation, Improve Affordability in Majority of U.S.

"WASHINGTON (June 10, 2014) – New home construction activity is currently insufficient in most of the U.S., and some states could face persistent housing shortages and affordability issues unless housing starts increase to match up with local job creation, according to new analysis by the National Association of Realtors®.
Read more

National housing indicators

Existing home sales (May)

4.89*

Existing home median price (May)

$213,400

Housing Starts (May)

1,001,000*

New home sales (May)

433000*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

1st Qtr 2013

+65.0%

1st Qtr 2014

+64.8%
The homeownership rate in the first quarter 2014 was 64.8 percent, down 0.2 (+/- 0.4)* percentage points from the first quarter 2013 rate of 65.0 percent. The homeownership rates in the Northeast, Midwest, South and West were not statistically different from the rates a year ago.

New home sales

April 2014

+3.7*%

May 2014

+18.6%
Sales of new single-family houses in May 2014 were at a seasonally adjusted annual rate of 504,000. This is 18.6 percent (+/- 17.3%) above the revised April 2014 estimate of 425,000.
Source: U.S. CENSUS BUREAU

How much is your home worth? Get a real-time report on the value of your home. Start now

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

Representing residential and commercial buyers and sellers in Ventura and LA Counties.
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
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
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

Image

Fixer-Upper, Money Pit or Bad Deal? It’s Your Call

Every home has shortcomings, even the adorable cottage you swooned over at first sight or the house with the majestic views you can still picture with your eyes closed. But the fixer-upper option is a tough one to pursue for many buyers. Read more
Image

How Long Does It Take to Buy a Home?

Consumers considering a home purchase often want to get a handle on how it takes to actually buy a home. Read more
Image

4 Tips for Sellers to Seal the Deal

You want to get the best price for your homes as quickly as possible. Who doesn’t? But how do you entice prospective buyers to seal the deal? Impress potential buyers with these four well-researched real estate tips, and you may impress yourselves with the results. Read more
Image

3 Reasons to Buy Houses That Aren’t Selling

When a house has been sitting on the market for a while, it can leave potential buyers with a bad impression. Home shoppers worry there are hidden deficiencies in the.. Read more
Image

4 Tips to Help You Pre-Qualify For a Loan

Before you start looking for a home, you need to pre-qualify for a loan. This process involves a quick analysis by a mortgage officer to see if you have all the necessary financial qualifications to buy a home. Read more

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®.
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Realtor in Thousand Oaks, Conejo Valley

I help people selling their homes get them sold quickly and almost always at 100% asking, even over in some markets. I save my real estate b...