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National market update
Realtors® See Buyers Returning to Market
WASHINGTON, May 14, 2009 Historically high housing affordability and low mortgage interest rates, combined with buyer opportunities in the distressed sales market, have increased home sales in many areas of the country. “There has never been a better time to buy,” said National Association of Realtors® Chief Economist Lawrence Yun. More...
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Credit is Key to Real Estate Recovery
WASHINGTON, May 12, 2009 Improving the availability of credit and access to capital are essential to recovery in the real estate market. Addressing these challenges was the focus of the "Financing Real Estate for Tomorrow" session, part of the National Association of Realtors®' daylong "Real Estate Summit: Advancing the U.S. Economy.” More... Read more
Existing-Home Sales Rise in April
WASHINGTON, May 27, 2009 Existing-home sales rose in April with strong buyer activity in lower price ranges, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – increased 2.9 percent. More...
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Pending Home Sales Up for Three Months in a Row
WASHINGTON, June 02, 2009 Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit. More...
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National housing indicators
Existing home sales ()
4.68 million units*
Existing home median price ()
$170,200
Housing Starts ()
458,000 units*
New home sales ()
352,000 units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
Home ownership
1st Qtr 09
67.3%
1st Qtr 08
67.8%
The homeownership rate (67.3 percent) for the current quarter was lower than the rate in first quarter 2008 (67.8 percent), but not statistically different from the rate in fourth quarter 2008 (67.5 percent).
New home sales
Apr 09
+0.3%
Mar 09
-3.0%
Sales of new one-family houses in April 2009 were at a seasonally adjusted annual rate of 352,000. This is 0.3% below the revised March 2009 estimate of 351,000.
Source: U.S. CENSUS BUREAU
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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 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.
Local Prices & State Sales
James Owens
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
The American Dream
Emotion plays a major role in why we buy most everything. We justify our emotionality with logic. It is really why we buy a home. "It was a smart move". "It was the right thing to do". "The schools are the best in the city". The housing market is based on these biases and emotionalities. It is all part of the American dream. More...
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Guard Your Mail
Your mail can be an easy source of sensitive information about you and your financial world to identity thieves. There are three Ps of postal protection to make sure they can’t get at it! More...
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The Art of Negotiation
All aspects of a real estate transaction involve negotiation. Depending on your tolerance for the give and take of making a deal, this part of selling or buying property will excite or terrify you. Sure, you could grab top dollar for your home—or you could be talked into a boatload of reasonablesounding concessions. More... Read more
Take Care of Your Home
There are two times when you should pay particular attention to home maintenance before you buy the home and when you’re selling it. Oh, and all the time in between as well. Yes, taking good care of your home is essential if you want to preserve the highest possible value of your property and to ensure that you get the most utility and comfort from your residence. More...
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Showing You the Money
Unless your bank account can cover a check for hundreds of thousands of dollars, you’ll need to borrow money to purchase a house. That’s where your mortgage loan enters the transaction. However, you should start the process of securing financing before you make an offer on a home so when the time comes, you’ll be ready, willing and able to purchase the property. More...
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Why They Love Their Hometown
American love their hometowns. Find out why and what's important to them. More...
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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®.