Trace Holcomb

Hunter Real Estate Group

2440 Robinhood
Houston, TX 77005


Cell: 832-428-5801   
Phone: 713-572-0824 (16)
Fax: 713-559-0359

Housing Trends

September 2010

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National market update

Pending Home Sales Rise

Washington, September 02, 2010 Following a sharp drop in the months immediately after expiration of the home buyer tax credit, pending home sales have modestly risen, according to the National Association of Realtors®. More...
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July Existing-Home Sales Fall as Expected but Prices Rise

Washington, August 24, 2010 Existing-home sales were sharply lower in July following expiration of the home buyer tax credit but home prices continued to gain, according to the National Association of Realtors®. More...
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National housing indicators

Existing home sales ()

3.83 million units*

Existing home median price ()

$182,600

Housing Starts ()

546,000 units*

New home sales ()

276,000 units*

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

National economic indicators

Home ownership

2nd Qtr 10

66.9%

2nd Qtr 09

67.4%

The homeownership rate in the second quarter 2010 (66.9 percent) was lower than the second quarter 2009 rate (67.4 percent). In the South and West, the homeownership rates were lower than a year ago, while the Northeast and Midwest showed no significant change from corresponding second quarter 2009 rates.

New home sales

July 10

-12.4%

June 10

+12.1%

Sales of new one-family houses in July 2010 were at a seasonally adjusted annual rate of 276,000. This is 12.4% below the revised June 2010 estimate of 315,000.

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.

Trace Holcomb

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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Katrina Anniversary Underscores Importance of Protecting Your Home and Family

Washington, August 27, 2010 It’s been five years since Hurricane Katrina came roaring into the Gulf Coast, dramatically changing New Orleans and the lives of those who called it home. While there is very little homeowners can do when facing a natural disaster of that magnitude, the anniversary – and the current threat from Hurricane Danielle – is an important reminder that with a little planning and preparation, homeowners can better protect their home and family from a disaster. More... Read more

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Save Money With Insultation

Beefing up inadequate insulation is one of the quickest energy-payback projects you can do, resulting in lower heating and cooling bills and increased comfort. More...
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Kids or Parents Moving In? Need Extra Space?

An attic bedroom might be your solution for adding living space without the complication of easements or zoning regulations. More... Read more

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When You Think You've Seen Luxury, Think Again!

Monte Carlo is home to one of the most expensive, luxurious homes. WSJ's article and slide show are a must. More...
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Not Selling? Your Realtor Can Help You Stage Your Home

If your home is full of clutter, not selling, HGTV FrontDoor's Ultimate Staging Guide Checklist is here to help. More... Read more

Existing Home Statistics

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