Bonnie Collins

RE/MAX Elite Properties

14257 FM 2920 Ste 115
Tomball, TX 77377


Cell: 832-474-7132   
Phone: 713-955-2510 

Housing Trends

January 2013

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National market update

Pending Home Sale Down in December

WASHINGTON (January 28, 2013) - Pending home sales declined in December but have stayed above year-ago levels for 20 consecutive months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 4.3 percent. More... Read more

Mortgage Rates Climb Higher

Mortgage rates were on their way up this week, Jan 25, 2013, with the 30-year fixed-rate mortgage moving to its highest reading since Sept. 29, 2012, Freddie Mac reports in its weekly mortgage market survey. Still, fixed-rate mortgages remain near all-time record lows and "should continue to aid in the ongoing housing recovery,” according to Frank Nothaft, Freddie Mac’s chief economist. More...

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National housing indicators

Existing home sales ()

4.94 million units*

Existing home median price ()

$180,800

Housing Starts ()

954,000 units*

New home sales ()

369,000 units*

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

National economic indicators

Home ownership

4th Qtr 12

65.4%

4th Qtr 11

66.0%

The homeownership rate in the fourth quarter 2012 (65.4 percent) was lower than the fourth quarter 2011 rate (66.0 percent). The homeownership rate in the South was lower than the corresponding fourth quarter 2011 rate, while the rates in the Northeast, Midwest, and West were not statistically different from the rates a year ago.

New home sales

Dec 12

-7.3%

Nov 12

+9.3%

Sales of new single-family houses in December 2012 were at a seasonally adjusted annual rate of 369,000. This is 7.3 percent (+/- 15.3%)* below the revised November 2012 estimate of 398,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

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.

HOUSTON MARKET NEWS FROM BONNIE

A luxury homebuilder is nearing completion of the first luxury homes in a new golf resort under construction north of Houston. Tipler Design and Build LLC, began construction in May on 147 resort homes in Bluejack National, a new residential community anchored by the first championship golf course designed by Tiger Woods set to open in the U.S. Read more

If there’s something crawling in your home, who you gonna call? Many Houston homeowners call a bug-buster — and more frequently than their counterparts in other cities around the country. Read more

Houston’s housing market seems to be “holding its own,” although there are some signs of a slowdown amid the oil slump, according to the Houston Association of Realtors. Read more

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Successful burglars have lots in common — home owners who unwittingly give invitations to robbery. Here’s how thieves thank you for your generosity. More...




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Existing Home Statistics

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