National Housing Trends September 2014

Angela Yglesias

Levesque Realty 

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

Housing Trends September 2014 View archives

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Rent vs buy

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

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National market update

Existing-Home Sales Slightly Lose Momentum in August as Investor Activity Declines

WASHINGTON (September 22, 2014) – After four consecutive months of gains, existing-home sales slipped in August as investors paying in cash retreated from the market, according to the National Association of Realtors®. Sales increases in the Northeast and Midwest were outweighed by declines in the South and West.

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Realtors® President Calls on Policy Makers to Protect Middle Class Homeownership at Bipartisan Policy Center Housing Summit

WASHINGTON (September 16, 2014) – National Association of Realtors® President Steve Brown delivered remarks about the ongoing obstacles to mortgage credit facing creditworthy buyers today at the Bipartisan Policy Center’s 2014 Housing Summit, Housing America’s Future: New Directions for National Policy.

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National housing indicators

Existing home sales (August)

5.05 million units*

Existing home median price (August)

$219,800

Housing Starts (August)

9.56 million units*

New home sales (August)

4.12 million units*

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

National economic indicators

Home ownership

2nd Qtr 2014

+64.7%

2nd Qtr 2013

+65.0%

The homeownership rate in the second quarter 2014 was 64.7 percent, down 0.3 (+/- 0.4)* percentage points from the second quarter 2013 rate of 65.0 percent. The homeownership rates in the Northeast and South were lower than the rates in the second quarter 2013, while the rates in the Midwest and West were not statistically different from the rates a year ago.

New home sales

July 2014

-2.4%

June 2014

-7.0%

Sales of new single-family houses in July 2014 were at a seasonally adjusted annual rate of 412,000. This is 2.4 percent (+/- 11.9%)* below the revised June 2014 estimate of 422,000.

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

• CA - Anaheim-Santa Ana Region Real Estate Market
• CA - Los Angeles Region Real Estate Market
• CA - Riverside Region Real Estate Market
• CA - Sacramento Region Real Estate Market
• CA - San Diego Region Real Estate Market

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Local Sales & Price Activity

• CA - Northern Bay Region Real Estate Market
• CA - Inland Empire Real Estate Market
• CA - Los Angeles Real Estate Market
• CA - Pleasanton & Alameda County Real Estate Market
• CA - Riverside/Coachella Valley Real Estate Market

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

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Consumer tips & hot properties

10-Step Guide To Financing Your Dream Home

The home of your dreams is within reach. Discover how to navigate the financing journey with our handy guide.

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5 Factors Raising Your Home Insurance Premiums

There are some things you can do to keep your costs down without sacrificing the coverage you need.

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Rent vs. Buy: Which Is Best in an Affordable City?

Before you start hunting for landlords or lenders in your dream downtown, consider these factors.

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How a Bad Home Inspector Can Jeopardize a Sale

A bad home inspector can hurt both sides of the real estate equation. Here are a few ways to protect yourself against an unqualified home inspector.

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9 Things Buyers Regret Overlooking

With so many details to track when buying a home, items can slip through the cracks. Avoid buyer’s remorse by focusing on these nine things.

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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

• Housing Affordability Index
• National Existing Home Sales
• National Sales Price of Existing Homes

Statistics by City or Metropolitan Area

• Single-family Home Prices
• Condo/Co-op Prices

Regional Statistics

• Existing Home Sales
• Sales Price of Existing Homes
• Existing Single Family Home Sales
• Sales Price of Existing Single-Family Homes
• Existing Condo/Co-op Sales
• Sales Price of Existing Condo/Co-op Homes

Source: NATIONAL ASSOCIATION OF REALTORS®.

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®.

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