APRIL-2010 Newsletter
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®.
What's Happening in Local Markets?
Local Market Reports for 150 Metropolitan Housing Markets *Local Prices & State Sales
*Prepared by National Association of REALTORS®
**Prepared by Clarus MarketMetrics
Thomas Cantwell Messages
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. 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. 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 eFrogPond,Inc.
Community Reports on REALTOR.com
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Source: REALTOR.com
National Real Estate Market Update
Pending Home Sales Show Healthy Gain, Hint at Spring Surge
Washington, April 05, 2010 Pending home sales rose in February, potentially signaling a second surge of home sales in response to the home buyer tax credit, according to the National Association of Realtors®. More...
February Existing-Home Sales Ease with Mixed Conditions Around the Country
Washington, March 23, 2010 Existing-home sales declined slightly in February, with modest gains in the Northeast and Midwest offset by softer sales in the South and West, according to the National Association of Realtors®. More...
New Fannie Mae, Freddie Mac Structures Should Ensure Availability of Mortgage Capital and Protect Taxpayer Dollar
Washington, March 23, 2010 Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac should be restructured as government-chartered, non-shareholder owned authorities, the National Association of Realtors® said in congressional testimony today. More...
Severe Weather Impacting Market
Washington, March 04, 2010 Pending home sales are down and additional declines are expected from abnormal weather conditions, according to the National Association of Realtors®. More...
National Real Estate Market Articles
Source:NATIONAL ASSOCIATION OF REALTORS®.
March 2010 Existing Home Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.
Metropolitan Prices & State Sales
View Prices / % Changes for 159 Cities & Metropolitan Areas
Economists' Commentaries provide an in-depth look at trends and current news related to housing and the real estate market.
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Contact Me for all of your Real Estate needs Thomas Cantwell Windermere SunLand
Consumer Tips & Cool Properties
Protect Yourself and Your Home from Flooding
Few places in the country are considered free from flooding, so protect your home and family. More...
Emergency Preparedness for Homeowners
HouseLogic talks to Red Cross disaster response expert Court Ogilvie about emergency preparedness for homeowners. More...
Budget-Smart Remodeling
HouseLogic sat down with author and architect Sarah Susanka to talk about remodeling that builds value and saves money. More...
Georgia's Sea Island Home is Perfect for Large Family
Georgia's lush resort community located on the southeastern coast is the perfect setting for a growning family with 6 bedrooms and 7 1/2 baths, pool, bar and fabulous gathering areas. See SlideShow...
10 Tips for Saving Water in the Garden
Pick the right plants for your local growning conditions to save water, cut down on maintenance and still have a beautiful yard. Even if you don’t live in a dry climate, fresh water may be an increasingly scarce and expensive commodity. More...
Mortgage Rates
Mortgage Calculator
National
Housing Indicators
Existing Home Sales (February 2010) 5.02 million units*
Existing Home Median Price (February 2010) $165,100
Housing Starts (February 2010) 575,000 units*
New Home Sales (February 2010) 308,000 units*
*seasonally adjusted annual rate SourceNATIONAL ASSOCIATION OF REALTORS®.
National
Economic Indicators
Homeownership Rate
4th Qtr 09
4th Qtr 08
67.2%
67.5%
The homeownership rate in the fourth quarter 2009 (67.2 percent) was not statistically different from the fourth quarter 2008 rate (67.5 percent). In the South, the homeownership rate was lower than a year ago, while no other region showed any significant change from corresponding fourth quarter 2008 rates.
New Home Sales
Feb 2010
Jan 2010
-2.2%
-8.7%
Sales of new one-family houses in February 2010 were at a seasonally adjusted annual rate of 308,000. This is 2.2% below the revised January 2010 estimate of 315,000.
Information contained in this eNewsletter is compiled from a variety of sources. The accuracy and authenticity has not been verified by eFrogPond, Inc., is subject to change, is provided "as is" and is not guaranteed. The views expressed herein do not necessarily reflect those of eFrogPond, Inc.
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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. more...
Metropolitan Prices & State Sales
National Home Sales
-0.6%
4.8%
