Terre Coffman

Coldwell Banker United

1505 Heights Blvd.
Houston, TX 77008


Cell: 713-443-6783   
Phone: (713) 866-7805 

Housing Trends

January2010

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National market update

Another Big Gain in Existing-Home Sales as Buyers Respond to Tax Credit

Washington, December 22, 2009 Existing-home sales rose again in November as first-time buyers rushed to close sales before the original November 30 deadline for the recently extended and expanded tax credit, according to the National Association of Realtors®. More... Read more

Four out of 10 Recent Buyers Relied on FHA Loans, Says NAR

Washington, December 18, 2009 According to the most recent Realtors® Confidence Index, 39 percent of recent buyers purchased a home with a Federal Housing Administration-insured loan. More... Read more

Nine Consecutive Gains for Pending Home Sales

Washington, December 01, 2009 Pending home sales have risen for nine months in a row, a first for the series of the index since its inception in 2001, according to the National Association of Realtors®. More...

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National housing indicators

Existing home sales ()

5.45 million units*

Existing home median price ()

$178,300

Housing Starts ()

557,000 units*

New home sales ()

342,000 units*

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

National economic indicators

Home ownership

3rd Qtr 09

67.6%

3rd Qtr 08

67.9%

The homeownership rate (67.6 percent) for the current quarter was not statistically different from the third quarter 2008 rate (67.9 percent) or from last quarter's rate (67.4 percent).

New home sales

Nov 09

-11.3%

Oct 09

+1.8%

Sales of new one-family houses in November 2009 were at a seasonally adjusted annual rate of 355,000. This is 11.3% below the revised October 2009 estimate of 400,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

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Consumer tips & hot properties

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WSJ.com's 2009 "Most Often Viewed Featured Homes"

If you missed these spectacular homes for sale in 2009 that were featured in WSJ.com's real estate section, here's your chance to enjoy the 'eye-candy'. More... Read more

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Exterior Remodeling Proves Best Bang for Your Buck, Realtors® Report

Washington, December 17, 2009 Despite a slow market and a slight decrease in the resale value of most remodeling projects, Realtors® report that the smartest home improvement investments may also be some of the least expensive. More...
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How to Eliminate Mold from Your Home

Since the mold industry is largely unregulated, use this guide to ensure you find a credentialed professional and understand the inspection, sampling, and clean-up process. More...
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Smart Strategies for Building a Master Closet

Oliver Marks, says "Done right, a walk-in closet will add convenience and value to your master suite addition, and extend the life of your wardrobe, too".

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Existing Home Statistics

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