Pilar Tobias

Tobias Realty

110 N San Joaquin St. 2nd Floor
Stockton, CA 95202


Cell: 209-874-6762   
Phone: 209-565-0597 

Housing Trends

February 2011

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National market update

Pending Home Sales Continue Uptrend

Washington, January 27, 2011 Pending home sales improved further in December, marking the fifth gain in the past six months, according to the National Association of Realtors®. More... Read more

Owners, Renters Agree: Owning a Home is a Smart Decision

Washington, January 19, 2011 A substantial majority of both home owners and current renters agree that owning a home is a smart decision over the long term. That’s according to the results of a National Association of Realtors® survey of 3,793 adults conducted online by Harris Interactive. More... Read more

December Existing-Home Sales Jump

Washington, DC, January 20, 2011 Existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of REALTORS®. More... Read more

National housing indicators

Existing home sales ()

5.28 millions units*

Existing home median price ()

$168,800

Housing Starts ()

529,000 units*

New home sales ()

329,000 units*

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

National economic indicators

Home ownership

4th Qtr 10

66.5%

4th Qtr 09

67.2%

The homeownership rate in the fourth quarter 2010 (66.5 percent) was lower than the fourth quarter 2009 rate (67.2 percent). In the Midwest, South, and West, the homeownership rates were lower than a year ago, while the Northeast showed no significant change from the corresponding fourth quarter 2009 rate.

New home sales

Dec 10

17.5+%

Nov 10

0.0%

Sales of new one-family houses in December 2010 were at a seasonally adjusted annual rate of 329,000. This is 17.5 percent above the revised November 2010 estimate of 280,000.

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.

Pilar Tobias

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Living Large in Less

When Martha Turner, Martha Turner Properties, was asked by Houston Chronicle what people really want in a home today, she said "All of a sudden, people are looking for compact square footage with rooms that can serve more than one purpose. It's environmentally friendly and less tax."

David Weekley of David Weekley Homes, agrees today's families are "value-conscious". More...
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Existing Home Statistics

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