Tamarah Courtright

Keller Williams Realty Conroe/Lake Conroe

2200 N FM 3083 West
Conroe, TX 77304


Cell: 832-876-7097   
Phone: 936-525-3222 
Fax: (936) 441-8001

Housing Trends

September 2011

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National market update

August Existing-Home Sales Rise Despite Headwinds, Up Strongly from a Year Ago

Washington, DC, September 21, 2011 - Existing-home sales increased in August, even with ongoing tight credit and appraisal problems, along with regional disruptions created by Hurricane Irene, according to the National Association of Realtors®. Monthly gains were seen in all regions. More... Read more

Pending Home Sales Slip in July but Up Strongly From One Year Ago

Washington, DC, August 29, 2011 - Pending home sales declined in July but remain well above year-ago levels, according to the National Association of Realtors®. All regions show monthly declines except for the West, which continues to show the highest level of sales contract activity. More... Read more

National housing indicators

Existing home sales ()

5.03 million units*

Existing home median price ()

$168,300

Housing Starts ()

571,000 units*

New home sales ()

298,000 units (July)*

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

National economic indicators

Home ownership

2nd Qtr 11

65.9%

1st Qtr 11

66.4%

The homeownership rate in the second quarter 2011 (65.9 percent) was lower than the second quarter 2010 rate (66.9 percent). The homeownership rates in all four regions were lower than their corresponding second quarter 2010 rates.

New home sales

July 11

-0.7%

June 11

-2.9%

Sales of new one-family houses in July 2011 were at a seasonally adjusted annual rate of 298,000. This is 0.7 percent below the revised June 2011 estimate of 300,000.

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.

Tamarah Courtright

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

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

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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Job Growth and Culture Push Cities to Top 10 Most Desired Places to Live

MarketWatch reports that RelocateAmerica's annual Top 10 Best Places to live list is based on "blend of economic opportunity and cultural attraction" plus information about "local housing markets and economies, culture, recreational opportunities and safety". More... Read more

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Mold Remediation: What to Expect When You Hire An Expert

Mold remediation can be a pricey venture. Here’s what to look for and expect when you call in the professionals. More... Read more

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Severe Weather Preparation Help You Save On Replacement Costs

Severe weather has become commonplace throughout the country. Being prepared is being proactive. Here are tips to minimize the cost to replace your home and contents. Review your insurance policies to make sure it guarantees full replacement costs. More... Read more

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Thinking of Scaling Back?

If you're thinking of scaling back or considering a quick scape transportable home when storms flare up in your area, take a look at these unique "Tiny Homes". More... Read more

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Fancy a Villa on the Mediterrean? How About a Greek Island Retreat?

This happy couple could be you. It's more affordable than ever due to the troubled European economy. Make your dream of living on the luxurious coast of Spain or Portugal, or do you fancy a Greek Island? More...
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Existing Home Statistics

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