May 2015 National Housing Trends Newsletter

Angela Yglesias

Levesque Realty 

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

Housing Trends May 2015 View archives

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Mortgage rates

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Rent vs buy

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.

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National market update

Existing-Home Sales Lose Momentum in April

WASHINGTON (May 21, 2015) — Despite properties typically selling faster than at any time since July 2013, existing–home sales slowed in April but remained above an annual sales pace of five million for the second straight month, according to the National Association of Realtors®. All major regions except for the Midwest experienced sales declines in April.

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Owners Place High Value on Good Yards

Don't underestimate the importance of a beautiful yard to home owners and their neighbors. 84 percent of adults say that the quality of a home's landscape and yard would affect their decision on whether to purchase a home or not, according to a new survey of more than 2,000 adults conducted by the National Association of Landscape Professionals.

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National housing indicators

Existing home sales (May)

5.04 millions units*

Existing home median price (May)

$219,400

Housing Starts (May)

11.35 millions units*

New home sales (May)

4.81 millions units*

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

National economic indicators

Home ownership

1st Qtr 2015

+63.7%

1st Qtr 2014

+64.8%

The homeownership rate in the first quarter 2015 was 63.7 percent, down 1.1 (+/- 0.4) percentage points from the first quarter 2014 rate of 64.8 percent. The homeownership rates in the Northeast, South and West were lower than the rates in the first quarter 2014, while the rate in the Midwest was not statistically different from the rate a year ago.

New home sales

March 2015

-11.4%

February 2015

+5.6%

Sales of new single-family houses in March 2015 were at a seasonally adjusted annual rate of 481,000. This is 11.4 percent (+/- 18.6%)* below the revised February 2015 estimate of 543,000.

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.

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

Welcome to the New realtor.com!

We did a (virtual) gut reno, and we're psyched about our new and more beautiful site.

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The Walk-In Closet Is the New Outdoor Kitchen

Today's new-home buyers want more practical features: laundry rooms, Energy Star appliances, and–be still our beating hearts!–programmable thermostats. So long, sexy luxury features.

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So, You Started a Bidding War. How Do You Pick the Best Offer?

If your home gets multiple offers, don't just jump at the highest.

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Where Is It Much Cheaper to Buy Than Rent?

We crunched the numbers to pinpoint 10 American cities where owning a home really makes financial sense.

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A Plain English Guide to Avoiding the Most Common Mortgage Scams

Is a mortgage lender taking you for a ride? The government has issued new warnings to protect you.

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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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Information contained in this eNewsletter is compiled from a variety of sources. The accuracy and authenticity has not been verified by Move, Inc., is subject to change, is provided "as is" and is not guaranteed. The views expressed herein do not necessarily reflect those of Move, Inc. Move, 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.

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