Celia Barton

Celia Barton, REALTORS

Selling Finer Houston Properties
Houston, TX 77024


Cell: (713)978-6413   
Phone: (713) 978-6413 
Fax: (713) 978-7165

Housing Trends

Jan2014

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National market update

Pending Home Sales Edge Up in November

WASHINGTON (December 30, 2013) – Pending home sales stabilized in November with a slight gain, according to the National Association of Realtors®. Monthly increases in the South and West offset declines in the Northeast and Midwest.

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December Existing-Home Sales Rise, 2013 Strongest in Seven Years

WASHINGTON (January 23, 2014) – Existing-home sales edged up in December, sales for all of 2013 were the highest since 2006, and median prices maintained strong growth, according to the National Association of Realtors®.

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National housing indicators

Existing home sales ()

4.87*

Existing home median price ()

$197,100

Housing Starts ()

999000*

New home sales ()

474000*

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

National economic indicators

Home ownership

3rd Qtr 2012

65.5%

3rd Qtr 2013

65.3%

The homeownership rate in the third quarter 2013 was 65.3 percent, down 0.2 (+/- 0.4)* percentage points from the third quarter 2012 rate of 65.5 percent. The homeownership rates in the Northeast, Midwest, South, and West were not statistically different from the rates a year ago.

New home sales

October 2013

+17.6%

November 2013

-2.1%

Sales of new single-family houses in November 2013 were at a seasonally adjusted annual rate of 464,000. This is 2.1 percent (+/- 21.3%)* below the revised October 2013 estimate of 474,000.

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.

Celia Barton

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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Neighborhood or House? How to Set Your Priorities

In a perfect world, every buyer could afford the house of their dreams in a neighborhood they adore. In reality, most buyers need to compromise on something when they buy a home, particularly their first home.
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Rent-to-Own Agreement Can Benefit Buyer and Seller

Prospective homebuyers sometimes find themselves in the position of being emotionally ready to buy their first home but not quite financially prepared.
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5 Resolutions for First-Time Home Buyers

If you’ve promised yourself you’ll become a homeowner for the first time in 2014, we’ve got five, easy-to-accomplish resolutions to help get you there.
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Do You Buy or Sell First When You’re Ready to Move?

Homeowners who decide they’re ready to become move-up buyers face a chicken-or-egg dilemma: Should they sell their current home first and then buy another, or buy a new one and then sell?

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Pros and Cons of Living Within a Homeowners Association

Ask two different homeowners what they think about living in a community with a homeowners association and you may see one of them scowl and another one smile.
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Existing Home Statistics

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