Robert Wilson

RE/MAX SOUTHWEST


Cell: 2818980403   
Phone: 2818980403 (0403)
Fax: 2818980403

Housing Trends

January 2013

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National market update

Pending Home Sale Down in December

WASHINGTON (January 28, 2013) - Pending home sales declined in December but have stayed above year-ago levels for 20 consecutive months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 4.3 percent. More... Read more

Mortgage Rates Climb Higher

Mortgage rates were on their way up this week, Jan 25, 2013, with the 30-year fixed-rate mortgage moving to its highest reading since Sept. 29, 2012, Freddie Mac reports in its weekly mortgage market survey. Still, fixed-rate mortgages remain near all-time record lows and "should continue to aid in the ongoing housing recovery,” according to Frank Nothaft, Freddie Mac’s chief economist. More...

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National housing indicators

Existing home sales ()

4.94 million units*

Existing home median price ()

$180,800

Housing Starts ()

954,000 units*

New home sales ()

369,000 units*

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

National economic indicators

Home ownership

4th Qtr 12

65.4%

4th Qtr 11

66.0%

The homeownership rate in the fourth quarter 2012 (65.4 percent) was lower than the fourth quarter 2011 rate (66.0 percent). The homeownership rate in the South was lower than the corresponding fourth quarter 2011 rate, while the rates in the Northeast, Midwest, and West were not statistically different from the rates a year ago.

New home sales

Dec 12

-7.3%

Nov 12

+9.3%

Sales of new single-family houses in December 2012 were at a seasonally adjusted annual rate of 369,000. This is 7.3 percent (+/- 15.3%)* below the revised November 2012 estimate of 398,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

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Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 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.

Robert Wilson

Real Estate is an attractive and often profitable investment as a personal home or business. Contact me for a list of properties or for a FREE market analyses of nny property you are considering. My commitment to you is that I will always strive to provide the very best professional real estate services. Read more

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Consumer tips & hot properties

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Downton Abbey is Given an Energy Makeover

Just in time for winter — and the 3rd season of "Downton Abbey” — we warm up venerable Highclere Castle with some expensive energy upgrades. Are they worth it? More... Read more

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10 Things a Burglar Doesn’t Want You to Know

Successful burglars have lots in common — home owners who unwittingly give invitations to robbery. Here’s how thieves thank you for your generosity. More...




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Existing Home Statistics

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