Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.
Posts tagged ‘Houston Area’
New Home Price Report Shows It’s a Great Time to Buy says Bob Stahl, Guest Writer, Realtor.com. “The most recent S&P/Case-Shiller Home Price Indices was released on Tuesday and the news wasn’t as optimistic as we would like but not altogether surprising either. The S&P/Case-Shiller monthly report is the leading measure of U.S. home prices and on Tuesday, they reported that – in their 20-city composite – housing prices fell 1.6 percent from their November 2009 levels. Sixteen of the 20 cities in the index showed a year-over-year decline and 19 of the 20 metros showed a decline from the month prior (October 2010) However, the composite indices remain above their spring 2009 lows.”
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The Texas Association of REALTORS® released its quarterly housing report today. Although sales volume was down statewide, the median-home sales price actually rose 3% from fourth quarter 2009 to 2010 and 1% overall last year. Chairman Dwight Hale says this is one of several signs that Texas real estate is in a unique position of strength at the start of 2011. Read the news release at PR Newswire.