New Housing Trends eNewsletter- Terry Barnette

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Terry Barnette

Crye-Leike REALTORS® 

4627 N Lee Hwy
Cleveland, TN 37312

Cell: 423-463-0024    
Phone: 423-473-9545 (217)
Fax: 423-370-1999

Housing Trends October 2015 View archives

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National market update

Existing-Home Sales Regain Momentum in September

WASHINGTON (October 22, 2015) — Existing–home sales rebounded strongly in September following August's decline and have now increased year–over–year for 12 consecutive months, according to the National Association of Realtors®. All four major regions experienced sales gains in September.

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Existing-Home Sales

The information in this interactive data visualization is from Existing-Home Sales data. It shows you price and sales data for the month, and lets you compare it to prices and sales over the previous 12 months.

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National housing indicators

Existing home sales (September)

5.55 millions units*

Existing home median price (September)

$221,900

Housing Starts (September)

1.206 millions units*

New home sales (September)

0.552 millions units*

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

National economic indicators

Home ownership

2nd Qtr 2015

+63.4%

2nd Qtr 2014

+64.7%

The homeownership rate in the second quarter 2015 was 63.4 percent, down 1.3 (+/- 0.4) percentage points from the second quarter 2014 rate of 64.7 percent. The homeownership rates in the Northeast, Midwest, South and West were lower than the rates in the second quarter 2014.

New home sales

September 2015

-11.5%

August 2015

+5.2%

Sales of new single-family houses in September 2015 were at a seasonally adjusted annual rate of 468,000. This is 11.5 percent (+/- 11.3%) below the revised August 2015 estimate of 529,000

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 150 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.

Local Prices & State Sales

• TN - Chattanooga Region Real Estate Market
• TN - Knoxville Region Real Estate Market
• TN - Memphis Region Real Estate Market
• TN - Nashville Region Real Estate Market

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Local Sales & Price Activity

• AZ - Tucson Real Estate Market
• CA - Northern Bay Region Real Estate Market
• CA - Inland Empire Real Estate Market
• CA - Los Angeles Real Estate Market
• CA - Pleasanton & Alameda County Real Estate Market

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Terry Barnette

In 2014 we saw a total of 4,227 properties listed in our MLS with 2,243 SOLD the avg list price $149,535 and avg sold $143,010. The avg days on market 147. Setting the right price before you list is critical to getting the most for your home and selling it quickly. For assistance with this, simply Call 423-463-0024 or email Terry@TerryBarnette.com Read more

Please feel free to email, call or text message Terry at 423-463-0024 any time when you have any real estate questions. I will be happy to answer any real estate related questions you may have or help you gather information on any property or home for sale in the Bradley, Hamilton, Polk or Mcminn County areas. Read more

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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

You'll Want to Ditch City Living for These Top 10 Affordable Small Towns

Of course these small towns have charm—they also have great job opportunities, amazing deals on homes, and mortgage terms that won't leave you house-poor.


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How to Buy and Sell a Home at the Same Time—Without Losing Your Mind

For homeowners, buying a new home while selling your current one piles on additional stress. Here's how to pull off this juggling act.


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7 Things Your House Painter Wishes You Knew

With the right preparation, your home can be painted faster, better—and for less money.


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My Dream Home Is Pending Sale—Am I Too Late?

Don't despair, home buyers! Pending does not mean sold. Yes, that's right. We're saying there's a chance.


Read more

Three Times You Can Kiss Your Earnest Money Goodbye

Make sure you understand the earnest money deposit—and whether you'll get it back.


Read more

Existing Home Statistics

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

National Statistics

• Housing Affordability Index
• National Existing Home Sales
• National Sales Price of Existing Homes

Statistics by City or Metropolitan Area

• Single-family Home Prices
• Condo/Co-op Prices

Regional Statistics

• Existing Home Sales
  
• Sales Price of Existing Homes
  
• Existing Single Family Home Sales
  
• Sales Price of Existing Single-Family Homes
  
• Existing Condo/Co-op Sales
  
• Sales Price of Existing Condo/Co-op Homes

Source: NATIONAL ASSOCIATION OF REALTORS®.

Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, realtor.com® local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.

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Information contained in this eNewsletter is compiled from a variety of sources. The accuracy and authenticity has not been verified by Move, Inc., is subject to change, is provided "as is" and is not guaranteed. The views expressed herein do not necessarily reflect those of Move, Inc. Move, Inc. makes no representations or warranties of any nature with regard to the privacy and/or business practices of the websites linked from or to this eNewsletter nor the accuracy and authenticity of any information contained in such websites, and is not responsible for any content contained in any linked site or for any action or lack of action by any linked site whatsoever, including their use of any information they may collect.