JANUARY 2009 Newsletter
Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, REALTOR.com local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.
What's Happening in Local Markets?
Local Market Reports for 150 Metropolitan Housing Markets *Local Prices & State Sales
*Prepared by National Association of REALTORS®
**Prepared by Clarus MarketMetrics
The Corekin Team Messages
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. more...
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. 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 eFrogPond,Inc.
Community Reports on REALTOR.com
Enter a ZIP code to view a report. For a
comparison report, enter a second ZIP.
Compare Community Amenities
Compare Community Statistics
* Shopping and Groceries
* Public Services
* Places of Worship
* Recreation and Leisure
* Food and Drink
* Population
* Households
* Education
* Housing
* Transporation
* Income
* Employment
* Net Worth
* Cost of Living
* Climate
Source: REALTOR.com
National Real Estate Market Update
Existing-Home Sales Decline in Economic Uncertainty
WASHINGTON , December 23, 2008 Existing-home sales weakened against a backdrop of an eroding economy, according to the National Association of Realtors®.
Lawrence Yun, NAR chief economist, expected a decline. "The quickly deteriorating conditions in the job market, stock market, and consumer confidence in October and November have knocked down home sales to another level. We hope the home sales impact from the stock market crash turns out to be short-lived, as was the case in 1987 and 2001,” he said. More...
Pending Home Sales Holding In Stable Range
WASHINGTON, December 09, 2008 Pending home sales eased against a deteriorating economic backdrop but remain in a stable range, according to the National Association of Realtors®. More...
Fed Action Creates Best Interest Rates in 50 Years, Realtors® Report
WASHINGTON, December 17, 2008 The National Association of Realtors® applauds the actions of the Federal Reserve Board in lowering interest rates for home buyers and homeowners who need to refinance. This will significantly impact housing sales, home valuations, and the nation’s overall economy. More...
National Real Estate Market Articles
Source:NATIONAL ASSOCIATION OF REALTORS®.
December 2008 Existing Home Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.
Metropolitan Prices & State Sales
View Prices / % Changes for 159 Cities & Metropolitan Areas
Economists' Commentaries provide an in-depth look at trends and current news related to housing and the real estate market.
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Contact Me for all of your Real Estate needs The Corekin Team RE/MAX The Woodlands & Spring
Consumer Tips & Cool Properties
Selling your Home in the New Year
After the hustle and bustle of the holiday season, it’s time to take a step back and look at how you are "selling your house at this slower time of year. More...
Making Green Housing Choices
Would you like a green home? I'm not talking about a residence painted the shade of a lime. I mean green as in environmentally friendly.
These days, many people consider the environment when making purchases. Just look at the popularity of hybrid vehicles, alternative fuels, locally grown produce, and a host of other products designed to use fewer resources and reduce pollution and waste. You can add housing to the list. More...
Some States Sweetening Energy Tax-Savings
With the recession under way, consumers find themselves sitting on the sidelines not spending money. WSJ reports that it might be worthwhile for energy-conscious homeowner to take a closer look at the extra tax-savings being sweetened by some states. More
What's in your credit report?
If you were thinking of loaning someone hundreds of thousands of dollars, you probably would want to know how likely it is that the person asking for the loan could pay you back. That’s why lenders look at information like your employment history, salary and bank-account balances, and, yes, your credit history, too. More...
Mortgage Rates
Mortgage Calculator
National
Housing Indicators
Existing Home Sales (November 2008) 4.49 million units*
Existing Home Median Price (November 2008) $181,300
Housing Starts (November 2008) 625,000 units*
New Home Sales (November 2008) 407,000 units*
*seasonally adjusted annual rate SourceNATIONAL ASSOCIATION OF REALTORS®.
Information contained in this eNewsletter is compiled from a variety of sources. The accuracy and authenticity has not been verified by eFrogPond, Inc., is subject to change, is provided "as is" and is not guaranteed. The views expressed herein do not necessarily reflect those of eFrogPond, Inc.
eFrogPond, Inc. makes no representations or warranties of any nature with regard to the privacy and/or business practices of the websites linked from or to this eNewsletter nor the accuracy and authenticity of any information contained in such websites, and is not responsible for any content contained in any linked site or for any action or lack of action by any linked site whatsoever, including their use of any information they may collect.
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. more...
Metropolitan Prices & State Sales
National Home Sales
-8.6%
