Ann Bragg

Bayou Realtors, Inc.

1613 FM 517 East
Dickinson, TX 77539


Cell: 832-419-2777   
Phone: 281-337-4557 (10)
Fax: 281-337-4773

Housing Trends

April 2012

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National market update

Existing-Home Sales Decline in March but Inventory Down, Prices Stabilizing

WASHINGTON (April 19, 2012) – Existing-home sales were down in March but continue to outpace year-ago levels, while inventory tightened and home prices are showing further signs of stabilizing, according to the National Association of Realtors®. More...
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Pending Home Sales Ease in February but Solidly Higher Than a Year Ago

Pending home sales were down slightly in February but remain notably above the pattern in the first half of last year, according to the National Association of Realtors®. More...

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National housing indicators

Existing home sales ()

4.48 million units*

Existing home median price ()

$163,800

Housing Starts ()

654,000 units*

New home sales ()

328,000 units *

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

National economic indicators

Home ownership

4th Qtr 11

66.0%

3rd Qtr 11

66.3%

The homeownership rate in the fourth quarter 2011 (66.0 percent) was lower than the fourth quarter 2010 rate (66.5 percent). The homeownership rates in the Northeast, Midwest, South, and West were not statistically different from their corresponding fourth quarter 2010 rates.

New home sales

Mar 12

-7.1%

Feb 12

+7.3%

Sales of new single-family houses in March 2012 were at a seasonally adjusted annual rate of 328,000. This is 7.1 percent (+/- 20.7%)* below the revised February 2012 estimate of 353,000.

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.

Ann Bragg

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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Create an Outdoor Resort in Your Backyard

This summer many will be spending more vacation time at home instead of traveling to a distant location. According to the American Lighting Association (ALA), with a few updates to your outside lighting, you can enjoy a mini vacation at home. More... Read more

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Have $18 Million Lying Around? Coral Gables has a Home for You

HuffPost Miami brags that "If you've got $18 million lying around, Coral Gables has some real estate for you". Realtor.com provides glimpse into the 10 most expensive home in Gables. More... Read more

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Are You Looking for Energy Savings in All the Wrong Places?

Our energy costs are going up because too many of us are making the wrong judgment calls about how to save energy. Here’s why we’re having a disconnect. More... Read more

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What to Consider Before Building a Pool

In-ground pools are expensive projects with ongoing maintenance costs, so review the numbers before taking the plunge. More... Read more

Existing Home Statistics

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