Mary Brawner

Coldwell Banker The Hancock Co

581 Myrtie
Shepherd, TX 77371


Cell: 936-232-9012   
Phone: (936) 327-3080 
Fax: (936) 662-6766

Housing Trends

August 2013

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National market update

Existing-Home Sales Spike in July

WASHINGTON (August 21, 2013) – Existing-home sales rose strongly in July, with the median price maintaining double-digit year-over-year increases, according to the National Association of Realtors® Read more

Home Prices Pick Up Steam in Most Metro Areas during Second Quarter

WASHINGTON (August 8, 2013) – Median home prices continued to rise in the majority of metropolitan areas in the second quarter, with the national year-over-year price showing the strongest gain in seven-and-a-half years, according to the latest quarterly report by the National Association of Realtors®. Read more

National housing indicators

Existing home sales ()

5.39 million units*

Existing home median price ()

$213,500

Housing Starts ()

896,000 units*

New home sales ()

394,000 units*

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

National economic indicators

Home ownership

2nd Qtr 13

65.0%

2nd Qtr 12

65.5%

The homeownership rate in the second quarter 2013 (65.0 percent) was lower than the second quarter 2012 rate (65.5 percent). The homeownership rate in the South was lower than the corresponding second quarter 2012 rate, while the rates in the Northeast, Midwest, and West were not statistically different from the rates a year ago.

New home sales

July 2013

-14.1%

August 2013

+7.9%

Sales of new single-family houses in August 2013 were at a seasonally adjusted annual rate of 421,000. This is 7.9 percent (+/- 14.6%)* above the revised July 2013 estimate of 390,000.

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.

Mary Brawner

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.

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Existing Home Statistics

View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.