Marylouise Caravella Templeton

The Real Estate Brokerage Company, LLC

7899 U S Hwy 190 W
Livingston, TX 77351


Cell: 713-598-6719   
Phone: 936-967-4500 
Fax: 281-973-4992

Housing Trends

April 2013

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National market update

March Existing-Home Sales Slip Due to Limited Inventory, Prices Maintain Uptrend

WASHINGTON (April 22, 2013) - Existing-home sales eased in March from inventory constraints, which continued to pressure home prices. Sales have been above year-ago levels for 21 consecutive months, while prices show 13 consecutive months of year-over-year price increases. More... Read more

National housing indicators

Existing home sales ()

4.92 million units*

Existing home median price ()

$184,300

Housing Starts ()

1.036 million units*

New home sales ()

411,000 units (Feb)*

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

National economic indicators

Home ownership

1st Qtr 13

65.0%

1st Qtr 12

65.4%

The homeownership rate in the first quarter 2013 (65.0 percent) was lower than the first quarter 2012 rate (65.4 percent). The homeownership rate in the South was lower than the corresponding first 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

Mar 13

+1.5%

Feb 13

-7.6%

Sales of new single-family houses in March 2013 were at a seasonally adjusted annual rate of 417,000. This is 1.5 percent (+/- 16.9%)* above the revised February 2013 estimate of 411,000.

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.

Marylouise Caravella Templeton

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

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