JULY 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
Christopher Cerda 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
Pending Home Sales Record Fourth Straight Monthly Gain
Washington, July 01, 2009 - Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of Realtors®. More...
May Existing-Home Sales Continue Rising Trend
Washington, June 23, 2009 Sales of existing homes showed another gain in May, benefiting from favorable affordability conditions and a first-time buyer tax credit, according to the National Association of Realtors®. May’s increase was the first back-to-back monthly gain since September 2005. More...
National Real Estate Market Articles
Source:NATIONAL ASSOCIATION OF REALTORS®.
June 2009 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.
Click here
Contact Me for all of your Real Estate needs Christopher Cerda Realty Associates
Consumer Tips & Cool Properties
Out of this World Expensive
These homes have come down in price, but are still out of reach for most of us. Eight figures just gets you on the top pricey home list. Take a look at some current listings worldwide. More...
Play it Safe when Selling
While your home is on the market, you’re probably focused on finding a buyer and getting the highest possible sales price. Unfortunately, you should also keep your personal safety in mind. While crimes at properties for sale are rare, they do occur. As a homeowner, you should also take steps to increase your safety while your home is for sale. More...
Sellers Value their View
Location, location, location has long been the defining value of a property. It's not only the address, but the view from the windows that sellers are counting on. What's outside your window? More...
Are No-Gas Lawn Tools Right for You?
Summer is hot and presents hours of backbreaking yardwork. New eco-friendly tools are available as gas-guzzling alternatives. View Video...
Your Car and Your Privacy
Believe it or not, there may be something more valuable than your car in the shopping center parking lot what’s inside of it! In today’s criminal world, personal information is often worth more than the vehicle itself. More...
House, Condo, Duplex? You Decide What’s Best for You
When you think of buying a home of your own, what do you picture? Many people conjure up an image of a detached, singlefamily house. There’s a yard in front and back, perhaps a fence around the property. That may be a great situation for a lot of folks, but there are other options out there – other types of properties you can call your own. Depending on your situation and goals, you may find something other than a singlefamily house makes the most sense for you. More...
Camping – a Fun Activity for the Whole Family
Adults and children alike benefit from getting outside and connecting with the outside world. So trade screen time for green time, and head to a nearby state or national campground for an old-fashioned campout! More...
Mortgage Rates
Mortgage Calculator
National
Housing Indicators
Existing Home Sales (May) 4.77 million units*
Existing Home Median Price (May) $173,000
Housing Starts (May) 532,000 units*
New Home Sales (May) 352,000 units*
*seasonally adjusted annual rate SourceNATIONAL ASSOCIATION OF REALTORS®.
National
Economic Indicators
Homeownership Rate
1st Qtr 09
1st Qtr 08
67.3%
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
May 09
Apr 09
-0.6%
+2.7%
Sales of new one-family houses in May 2009 were at a seasonally adjusted annual rate of 342,000. This is 0.6% below the revised April 2009 estimate of 344,000.
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
2.4%
-3.6%
