Wednesday, December 30, 2015

National Housing Trends Newsletter December 2015

Angela Yglesias

Levesque Realty 

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

Housing Trends

December 2015


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.
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View statistics on population, education, housing, transporation, income, employment, net worth, cost of living and climate.
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Market Snapshot
Get a detailed report showing market trends in your neighborhood, including recent listings, sales prices and average time on market.
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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.

National market update

Existing-Home Sales Suffer Setback in November, Fall to Slowest Pace Since April 2014

WASHINGTON (December 22, 2015) — Existing-home sales dropped off considerably in November to the slowest pace in 19 months, but some of the decrease was likely because of an apparent rise in closing timeframes that may have pushed some transactions into December, according to the National Association of Realtors®. All four major regions saw sales declines in November.


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The Hottest U.S. Housing Markets in December 2015

Even if you don’t celebrate Christmas, Hanukkah, Kwanza, or Festivus, the holidays seem to really take over the month of December: With long lines everywhere, office parties, decorations, and random elf sightings, everything else practically grinds to a halt. It’s typically not the best time to find a new job, start a diet, or—especially—buy or sell a home.

Read more

National housing indicators

Existing home sales (December)

4.76 millions units*

Existing home median price (December)

$220,300

Housing Starts (December)

1.173*

New home sales (December)

0.495*
*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

November 2015

+4.3%

October 2015

+6.3%
Sales of new single-family houses in November 2015 were at a seasonally adjusted annual rate of 490,000. This is 4.3 percent (+/- 11.9%)* above the revised October 2015 estimate of 470,000.
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.
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.

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The 5 Real Estate Trends That Will Shape 2016

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Your Favorite Words of Real Estate Wisdom

Here are the 10 advice stories you viewed, shared, and discussed the most in 2015.


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Find Out What Really Happens When You Waive Contingencies to Score a Home

Waiving some contingencies is riskier than others. We set out to discover which ones are the most innocuous of the bunch—and which are the most terrifying.


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Even if you're not at the open house (nor should you be!), there are still quite a few ways that you can screw it up.


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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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Friday, December 4, 2015

Fed says more consumer spending, housing boost U.S. growth

The Federal Reserve says the U.S. economy grew at a modest pace this fall, lifted by higher consumer spending and more home sales and construction.
The Fed says in its latest snapshot of the economy that nine of its 12 regional banks reported growth was modest or moderate from early October through mid-November. The New York Fed said growth leveled off, while it slowed in Boston and was mixed in Kansas City.
The Fed's report suggests that healthy consumer spending is offsetting overseas headwinds that have weighed on U.S. manufacturers.
The report, known as the Beige Book, will be used for discussion when the central bank next meets Dec. 15-16. Fed officials at that meeting are widely expected to raise interest rates for the first time in nine years.
Courtesy of:  Associated Press
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November 2015 National Housing Trends Newsletter

Angela Yglesias

Levesque Realty 

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

Housing Trends

November 2015


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

Find a Mover

Find a Mover

Type of Move
Move date
Moving From Zip
Moving To Zip
Size of Move

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

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.

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.

Read more

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.


Read more

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

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.
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.


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:
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