Peter Johnson, Realtor

Century 21 Realty Partners

9385 Hickory Hills Dr
Montgomery, TX 77316


Cell: 936-524-4397   
Phone: 936-524-4397 
Fax: 832-934-2292

Housing Trends

Feb2014

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National market update

Existing-Home Sales Drop in January While Prices Continue to Grow

WASHINGTON (February 21, 2014) – Existing-home sales fell in January to the lowest level in a year-and-a-half, but ongoing inventory shortages continue to lift prices in much of the U.S., according to the National Association of Realtors®. Read more

December Pending Home Sales Fall

WASHINGTON (January 30, 2014) – Pending home sales measurably dropped in December, with abnormal weather partly inhibiting home shopping in much of the U.S., according to the National Association of Realtors®. Declines were experienced in all four major regions.
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National housing indicators

Existing home sales ()

4.62*

Existing home median price ()

$188,900

Housing Starts ()

880,000*

New home sales ()

444000*

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

National economic indicators

Home ownership

4th Qtr 2012

65.4%

4rd Qtr 2013

65.2%

The homeownership rate in the fourth quarter 2013 was 65.2 percent, down 0.2 (+/- 0.4)* percentage points from the fourth quarter 2012 rate of 65.4 percent. The homeownership rate in the Northeast was lower than its corresponding fourth quarter 2012 rate, while the rates in the Midwest, South, and West were not statistically different from the rates a year ago.

New home sales

November 2013

-3.9%

December 2013

-7.0%

Sales of new single-family houses in December 2013 were at a seasonally adjusted annual rate of 414,000. This is 7.0 percent (+/- 17.5%)* below the revised November 2013 estimate of 445,000.

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.

Peter Johnson, Century 21 Realty Partners

Montgomery County Single Family Home Sales were the same in Jan. 017 with 470 Homes Sold VS 470 in Jan. 016. The average single family home prices rose (+27.1%) or $398,201 VS $303,066 in Jan. 016. Inventories (listings) are up in Jan. 017 VS Jan. 016 (+6.9%) (see link) Read more

The Houston Real Estate and single family Housing Market carried a positive momentum from a record 2016 sales year into Jan. and Feb. 2017 with both a rise in sales and pricing(see Link). New Jobs and higher inventories are credited for this upswing Read more

Houston Single Family home sales rose (+4.0%) in Feb 017 with 4,933 sold VS 4,743 in Feb 016. Average home prices rose in Feb 017 (+6.7%)to $280,175 VS $262,546 in Feb 016. Rentals increased in Feb. 017 Read more

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Consumer tips & hot properties

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Boost Your Credit Score to Buy a Home

Promises of loans for bad credit borrowers, while common amid the housing boom in the early 2000s, are now rare. If you?re interested in buying a home today, know that lenders will carefully check your credit and will rarely approve a loan for someone with seriously bad credit. Read more

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Odd Moving Tips That Really Work

You’ve got the basics ? cardboard boxes, newspaper, the phone number of a pizza place so you can feed the friends helping you move all your worldly goods. But do you have enough socks for the stemware? Read more

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How Much Mortgage Can I Afford?

When you buy a home, the amount you can spend depends on how much you have in cash to use for a down payment and how much you can borrow. A mortgage lender can prequalify you for a loan,
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Experts Predict 2014 Housing Market

The U.S. real estate market made a robust comeback in 2013, surpassing expectations of many economists, as the combination of low inventories and historically low interest rates caused home prices to rise and even helped fuel bidding wars in some markets, surpassing the expectations of many economists. While positive trends, such as increasing home values, are expected to continue into 2014, mortgage rates are also expected to rise in the coming year and could put a damper on home buyers? abilities to afford new homes. Read more

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2014 Remodeling Trends

Home remodeling may have taken a backseat during the recession, but not anymore. According to a 2013 Hanley Wood survey, remodeling sales were up 10 percent compared to 2012, and 45 percent of remodelers surveyed expected another 10 percent growth in 2014. Read more

Existing Home Statistics

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