Bob Phillips
Realty Executives
949-643-2100
 
22401 Antonio Pkwy, #D-100, R. Santa Margarita, CA 92688     Phone: 949-643-2100    Fax: 949-544-0488   RE License #: 00581357
MARCH-2010 Newsletter
 
Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, housing market video reports, blogs, real estate glossary, maps, mortgage rates and calculators, consumer articles, and information on 50,000 neighborhoods.
 
What's Happening in Local Markets?
Select a tab below for Local Housing Market Activity
*Prepared by National Assocaition of REALTORS®
**Prepared by Clarus MarketMetrics
Daily Real Estate Market Outlook
Economists' Commentaries provide an in-depth look at trends and current news related to housing and the real estate market.   Click here
What’s New
National Real Estate Market
Existing-Home Sales Down in January but Higher than a Year Ago; Prices Steady
Washington, February 26, 2010 Existing-home sales fell in January but are above year-ago levels, according to the National Association of Realtors®. More...
Fourth Quarter Existing-Home Sales Surge in Most States
WASHINGTON , February 11, 2010 - Strong gains in existing-home sales were the predominant pattern in most states during the fourth quarter, with many more metro areas seeing prices rise from a year earlier, according to the latest survey by the National Association of Realtors®. More...
National Real Estate Market Articles    Source:NATIONAL ASSOCIATION OF REALTORS®.
This Month’s
Consumer Articles
Tax Tips for Homeowners Preparing 2009 Returns
Follow these tax tips for homeowners to ensure that you receive all of the tax deductions and tax credits to which you’re entitled. More...
Tips to Get More Money for your Home
With prices down and sales up, what can you do to increase your home sale? Realtors know the little tips that make big differences. Small renovations like new front door, staging or moving furniture and decluttering, and even thinking green are just a few of the 10 tips offered here. More...

Golden Age of Retirement Means Warmer Climate Locations
Robert Powell, MarketWatch, reports the top 10 towns retirees relocate in their Golden Years. He says "68 or the 100 top positions were occupied by warm-climate towns". More...
Water-Saving Landscaping Techniques
Pick the right plants for your local growing conditions, and you’ll save water, cut down on maintenance, and still have a beautiful yard.
Progress $ E K
Save Money Low $50/yr off water bills
More...

Increase Your Kitchen Storage Space
Tired of the limited amount of space in your kitchen? Wall space in most kitchens is normally neglected. When used wisely, taking advantage of storage solutions on the walls can increase your kitchen storage space. More...
Green Bathroom Remodeling
If you want to make sure your bathroom remodeling project is as green as possible, here’s how to save energy, conserve resources, and protect your budget. More...
 

National
Housing Indicators
Existing Home Sales
(January 2010)
5.05 million unit*
Existing Home Median Price
(January 2010)
$164,700
Housing Starts
(January 2010)
591,000 units*
New Home Sales
(January 2010)
309,000 units*

*seasonally adjusted annual rate
Source NATIONAL 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
Jan 10 Dec 09
 
 
 
-11.2% -3.9%

Sales of new one-family houses in January 2010 were at a seasonally adjusted annual rate of 309,000. This is 11.2% below the revised December 2009 estimate of 329,000.
Source U.S. CENSUS BUREAU

Real Estate Sales Statistics
January 2010 Existing Home Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.

Metropolitan Prices & State Sales
 View Prices / % Changes for 159 Cities & Metropolitan Areas
    State Home Sales |  Total Sales of Single-family and Condo/Co-ops
    Housing Affordability Index |  Click Here to view details
  Mouse over the map to view
Regional Definitions
   
   
National Home Sales
  Homes
5,050,000
Single Family
4,430,000
Condo/Co-op
620,000
vs. last month:  -7.2%  -6.9%  -8.1%
vs. last year:  11.5%  8.6%  38.1%

National Sales Price of Homes
  Homes
$ 164,700
Single Family
$ 163,600
Condo/Co-op
$ 172,400
vs. last year:   0.0%   -0.4%   1.4%


Regional Home Sales
  U.S.
5,050,000
Northeast
820,000
Midwest
1,080,000
South
1,870,000
West
1,280,000
vs. last month:  -7.2%  -10.9%  -6.9%  -7.4%  -5.2%
vs. last year:  11.5%  22.4%  8.0%  12.0%  7.6%

Regional Sales Price of Homes
  U.S.
$ 164,700
Northeast
$ 245,300
Midwest
$ 130,300
South
$ 140,200
West
$ 203,400
vs. last year:   0.0%   8.8%   -1.0%   -2.0%   -5.8%

Regional Single Family Home Sales
  U.S.
4,430,000
Northeast
600,000
Midwest
980,000
South
1,690,000
West
1,160,000
vs. last month:   -6.9%   -9.1%   -6.7%   -7.1%   -5.7%
vs. last year:   8.6%   20.0%   5.4%   9.0%   5.5%

Regional Sales Price of Single-Family Homes
  U.S.
$ 163,600
Northeast
$ 249,600
Midwest
$ 127,200
South
$ 143,000
West
$ 208,400
vs. last year:   -0.4%  8.2%   -1.5%   -0.8%   -5.1%

Regional Condo/Co-Op Sales
  U.S.
620,000
Northeast
220,000
Midwest
100,000
South
180,000
West
120,000
vs. last month:   -8.1%   -14.1%   -4.8%   -8.6%   2.6%
vs. last year:   38.1%   33.3%   35.1%   52.5%   30.4%

Regional Sales Price of Condo/Co-ops
  U.S.
$ 172,400
Northeast
$ 233,600
Midwest
$ 160,700
South
$ 113,600
West
$ 155,000
vs. last year:   1.4%   8.0%   3.7%   -13.8%   -7.7%

Clariety [HTEN]
   
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