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


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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

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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
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How Long Does It Take to Buy a Home?

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4 Tips for Sellers to Seal the Deal

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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
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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:

Wednesday, April 30, 2014

April 2014 US Housing Trends Newsletter


Angela Yglesias

Levesque Realty 

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

Housing Trends

Apr2014


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 Remain Soft in March

WASHINGTON (April 22, 2014) – Existing-home sales were essentially flat in March, while the growth in home prices moderated, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest were offset by declines in the West and South.Read more

Vacation Home Sales Surge in 2013, Investment Property Declines

WASHINGTON (April 2, 2014) – Vacation home sales rose strongly in 2013, while investment purchases fell below the elevated levels seen in the previous two years, according to the National Association of Realtors®. Read more

National housing indicators

Existing home sales (March)

4.59*

Existing home median price (March)

$198,500

Housing Starts (March)

946,000*

New home sales (March)

440000*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

4th Qtr 2012

+65.4%

4rd Qtr 2013

+65.2%
The homeownership rate in the fourth quarter 2013 was 65.2 percent, down 0.2 (+/- 0.4)* percentage points from the fourth quarter 2012 rate of 65.4 percent. The homeownership rate in the Northeast was lower than its corresponding fourth quarter 2012 rate, while the rates in the Midwest, South, and West were not statistically different from the rates a year ago.

New home sales

February 2014

-4.5%

March 2014

-14.5%
Sales of new single-family houses in March 2014 were at a seasonally adjusted annual rate of 384,000. This is 14.5 percent (+/- 12.9%) below the revised February 2014 estimate of 449,000.
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

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9-Step Guide to Open Houses

Before you can open your doors to the rush of potential offers, you’ll have to prep your home. A walk-through with your REALTOR® is a great first step toward getting your home ready to show.
Read more
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8 Things to Avoid Before You Buy a Home

If you have been approved for a mortgage for your next home, you might be assuming you can breathe easy now and just concentrate on packing and preparing for your move. Not yet.Read more
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6 Most Cost-Effective Ways to Spend Your Tax Refund on Your Home

If you happen to get a tax refund check from your state government or Uncle Sam, you have a great opportunity to invest it in home improvements and increase the equity in your home.Read more
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Will the Home You’re Buying Have Good Resale Value?

If you happen to get a tax refund check from your state government or Uncle Sam, you have a great opportunity to invest it in home improvements and increase the equity in your home.Read more
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What Contingency Should Your Home Purchase Offer Have?

You’re looking for homes and find one that really piques your interest, except it has a "contingent offer” status. As you keep browsing, you notice a lot of properties do. What’s a contingent offer? Should your offer have one? 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:

Monday, March 3, 2014

The Hottest Outdoor Trends for 2014

On March 3, 2014, in Curb Appeal, Home Trends, by Melissa Tracey

By Melissa Dittmann Tracey, REALTOR(R) Magazine
A home’s inviting outdoor space may be just enough to get a home buyer to fall in love. TheAmerican Society of Landscape Architects recently surveyed nearly 180 landscape architects asking them to rate the expected popularity for 2014 of a variety of residential outdoor elements.
Across all categories, respondents rated the following as “somewhat” or “very in-demand” for 2014: lighting, seating/dining areas; fire pits/fireplaces; grills; installed seating, such as benches, seatwalls, ledges, steps, and boulders.
“Home owners know that designed landscapes add value to their lives as well as their property values,” says Nancy Somerville, ASLA executive vice president and CEO. “They’re interested in livable, open spaces that are both stylish and earth friendly.”
Here’s a breakdown of how home owners are sprucing up their outdoor spaces, and some of the top trends that landscape architects pinpointed for 2014 in each category.
Top Outdoor Design Elements
1. Gardens and landscaped spaces
2. Outdoor living spaces (kitchens, entertainment spaces)
3. Outdoor recreation amenities (pools, spas, tennis courts)
4. Sustainable design practices
Top Outdoor Living Features
1. Lighting
2. Seating/dining areas
3. Fire pits/fireplaces
4. Grills
Top Outdoor Recreation Amenities
1. Decorative water elements, such as ornamental pools, splash pools, waterfalls, grottos, water runnels, or bubblers
2. Spa features (hot tub, Jacuzzi, whirlpools, indoor/outdoor sauna)
3. Swimming pools
4. Sports/recreational spaces (tennis courts, bocce ball, etc.)
Top Landscape/Garden Elements
1. Low maintenance landscapes
2. Native plants
3. Fountains/ornamental water features
4. Food/vegetable gardens (including orchards/vineyards, etc.
Top Sustainable Design Elements
1. Native/adapted drought-tolerant plants
2. Drip/water-efficient irrigation
3. Permeable paving
4. Reduced lawn
Top Outdoor Structures
1. Terraces/patios/decks
2. Fencing (includes gates)
3. Pergoals
4. Decks
at No comments:
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