Limited Supply of Homes for Sale Impacts Prices and Sales
|
|
- Sheryl Lang
- 6 years ago
- Views:
Transcription
1 Date: 2/20/17 For Release: Immediately For More Information Contact: Michael Theo, WRA President & CEO, , or David Clark, Economist, C3 Statistical Solutions and Professor of Economics, Marquette University, , Limited Supply of Homes for Sale Impacts Prices and MADISON, Wis. After a record-setting 2016, the tight inventories in the state s housing market are moderating the pace of sales even as prices continue to rise, according to an analysis of the January existing home market by the Wisconsin REALTORS Association (WRA). Home sales were strong in January 2017, up 1.7 percent compared to January 2016, which is the strongest January since the WRA recalibrated its sales tracking system in However, this growth rate is lower than the brisk 5.9 percent growth of sales throughout Home prices continued to rise in January, with the median sales price increasing 6.4 percent over the last 12 months to $158,000. This is similar to the pace of median price growth for 2016, which was 6.1 percent for the year. The mild winter has helped January sales somewhat, but it s really the solid economic fundamentals that are supporting this strong market, said Erik Sjowall, WRA board chairman. He noted homes that closed in January likely had accepted offers in late November or early December. What has pushed these sales to record levels is the fact that mortgage rates are still very low, and the state economy is adding jobs, said Sjowall. Even with the recent actions by the Federal Reserve to raise short-term interest rates, a 30-year conventional fixed-rate mortgage was still at just 4.15 percent in January, and the Wisconsin unemployment rate stood at 4 percent in December. Buyers may not know what the weather will be on moving day in January, but they do know that mortgage rates and unemployment rates near 4 percent translate into good opportunities in the housing market, he said. Three of the six regions in the state saw modest positive sales growth in January, with the strongest growth found in the South Central region, up 5.1 percent; followed by the Central, up 3 percent; and the Southeast, up 2 percent. The West and the North regions were flat, and the Northeast saw its sales fall 1.8 percent. This was a strong January, especially given how far our inventories have slipped over the last year, said WRA president and CEO Michael Theo. Statewide, the supply of homes on the market dropped to just 4.3 months. We typically consider a balanced market to have approximately six months of supply; anything lower than that is considered to be a seller s market, he said. The home markets in cities are particularly tight, with just 3.2 months of inventory available in the 26 metropolitan counties in Wisconsin. Theo pointed to three sources of supply: existing homes listed on the market, new single-family construction, and homes in foreclosure. Thankfully the foreclosure crisis during the Great Recession is over, and we are now at the lowest level of foreclosure activity since 2000, but lower foreclosures combined with the reduction in new listings results in dramatically fewer available homes for sale, said Theo. New construction has picked up, but the growth in new single family construction is insufficient to offset the losses in the existing home inventory, he said. While strong demand and tight supply have increased home prices, moderate income growth and relatively low mortgage rates has kept housing affordable in Wisconsin. The Wisconsin Home Affordability Index measures that portion of the median-priced home that a buyer with median family income can afford to buy, assuming the buyer can finance 80 percent with a 30-year fixed-rate mortgage. The index value was 239 in January, down just slightly from this time last year. This means a typical buyer can afford to buy 239 percent of the median-priced home, which is better than the nation as a whole and the entire Midwest, said Theo. According to the National Association of REALTORS, the national index was in December and the Midwest index was The problem for buyers is not affordability; it s finding a home to buy, said Theo. He added, A REALTOR who is experienced is your best bet when trying to find a home in this tight market, but buyers need to be ready to move quickly so they should also work with a lender to get prequalified if they want to be successful in this market. The Wisconsin REALTORS Association is one of the largest trade associations in the state, representing over 14,000 real estate brokers, sales people and affiliates statewide. All county figures on sales volume and median prices are compiled by the Wisconsin REALTORS Association and are not seasonally adjusted. Median prices are only computed if the county recorded at least 10 home sales in the quarter. All data collected by Wisconsin REALTORS Association are subject to revision if more complete data become available. Beginning in 2010, all historical sales volume and median price data at the county level have been re-benchmarked using the Techmark system which accesses MLS data directly and in real time. The Wisconsin Housing Affordability Index is updated monthly with the most recent data on median housing prices, mortgage rates, and estimated median family income data for Wisconsin. Data on state foreclosure activity is compiled by Dr. Russ Kashian at the University of Wisconsin Whitewater. 1
2 Wisconsin Monthly Housing Statistics Report - January 2017 Provided by the Wisconsin REALTORS Association Report Criteria: Reflecting data through: January 2017 State: WI Type: Residential Wisconsin - Statewide Wisconsin 1/2016 1/2017 % Change YTD 2016 YTD 2017 YTD % Change New Listings 6,832 6, % 6,832 6, % Closed 3,732 3, % 3,732 3, % Median Price 148, , % 148, , % Months Supply of Inventory % Inventory of Homes for Sale 36,450 29, % Inventory of homes for sale includes residential single family, duplex, condo, and townhouse properties. Current Month Year-to-date Historical Activity New Listings Sold Listings Median Price Inventory and Affordability Wisconsin REALTORS Association The information used to create the January 2017 Housing Trends report was current as of 2/15/2017 8:57:00 PM. The information is subject to change due to the dynamic nature of the WRA's housing statistics system, which is updated daily based on information present in local participating MLS (multiple listing service) systems. 1
3 Wisconsin Regional Report Provided by the Wisconsin REALTORS Association Report Criteria: Reflecting data through: January 2017 State: WI Type: Residential Southeast Kenosha 158, , % % Southeast Milwaukee 131, , % % Southeast Ozaukee 254, , % % Southeast Racine 137, , % % Southeast Sheboygan 139, , % % Southeast Walworth 174, , % % Southeast Washington 207, , % % Southeast Waukesha 250, , % % Southeast Regional Total 163, , % 1,375 1, % Milwaukee Milwaukee 131, , % % Milwaukee Ozaukee 254, , % % Milwaukee Washington 207, , % % Milwaukee Waukesha 250, , % % Milwaukee Regional Total 172, , % % South Central Columbia 160, , % % South Central Crawford NA 111,950 NA % South Central Dane 240, , % % South Central Dodge 121, , % % South Central Grant 157, , % % South Central Green 163, , % % South Central Iowa 122, , % % South Central Jefferson 157, , % % South Central Lafayette NA NA NA 5 NA NA South Central Richland 101,000 NA NA % South Central Rock 110, , % % South Central Sauk 165, , % % South Central Regional Total 185, , % % 2
4 West Buffalo NA NA NA NA 7 NA West Chippewa 132, , % % West Dunn 135, , % % West Eau Claire 161, , % % West Jackson 139,000 NA NA % West La Crosse 160, , % % West Monroe 118, , % % West Pepin NA NA NA % West Pierce 170, , % % West St. Croix 235, , % % West Trempealeau NA 116,700 NA % West Vernon 88,000 95, % % West Regional Total 162, , % % Northeast Brown 168, , % % Northeast Calumet 189, , % % Northeast Door 193, , % % Northeast Fond du Lac 140, , % % Northeast Green Lake NA 76,350 NA % Northeast Kewaunee 84,900 NA NA % Northeast Manitowoc 124, , % % Northeast Marinette 88, , % % Northeast Menominee NA NA NA 2 2 0% Northeast Oconto 85,000 91, % % Northeast Outagamie 154, , % % Northeast Shawano 118,000 95, % % Northeast Waupaca 119, , % % Northeast Winnebago 132, , % % Northeast Regional Total 145, , % % 3
5 Central Adams 160, , % % Central Clark 78,500 97, % % Central Juneau 103,500 94, % % Central Marathon 122, , % % Central Marquette 106,500 94, % % Central Portage 131, , % % Central Waushara 116,250 64, % % Central Wood 94,000 87, % % Central Regional Total 112, , % % North Ashland NA NA NA 8 8 0% North Barron 120, , % % North Bayfield 167, , % % North Burnett 160, , % % North Douglas 142,500 97, % % North Florence NA NA NA NA 2 NA North Forest NA NA NA % North Iron NA NA NA % North Langlade 74,500 80, % % North Lincoln 98,500 86, % % North Oneida 139, , % % North Polk 134, , % % North Price NA NA NA % North Rusk 90, , % % North Sawyer 142, , % % North Taylor NA NA NA % North Vilas 185, , % % North Washburn 135, , % % North Regional Total 127, , % % Statewide Statewide 1/2017 1/2016 % Change 1/2017 1/2016 % Change 158, , % 3,795 3, % Wisconsin REALTORS Association
January Home Sales Fall as Prices Continue to Rise
Date: 2/23/15 For Release: Immediately For More Information Contact: Michael Theo, WRA President & CEO, 608-241-2047, mtheo@wra.org or David Clark, Economist, C3 Statistical Solutions and Professor of
More informationRecord Year on Track for Wisconsin Housing Market
Date: 10/17/2016 For Release: Immediately For More Information Contact: Michael Theo, WRA President & CEO, 608-241-2047, mtheo@wra.org or David Clark, Economist, C3 Statistical Solutions and Professor
More informationWisconsin Housing Market Remains Hot in January
Date: 2/22/16 For Release: Immediately For More Information Contact: Michael Theo, WRA President & CEO, 608-241-2047, mtheo@wra.org or David Clark, Economist, C3 Statistical Solutions and Professor of
More information2018 Housing Market Remains Strong Despite Limited Inventories
Date: 1/21/19 For Release: Immediately For More Information Contact: Michael Theo, WRA President & CEO, 608-241-2047, mtheo@wra.org or David Clark, Economist, C3 Statistical Solutions and Professor of
More informationFirst Quarter Home Sales Decline as Prices Continue to Rise
Date: 4/22/19 For Release: Immediately For More Information Contact: Michael Theo, WRA President & CEO, 608-241-2047, mtheo@wra.org or David Clark, Economist, ECON Analytics, LLC and Professor of Economics,
More informationHOME SALES RALLY IN THE FOURTH QUARTER TO KEEP WISCONSIN HOUSING MARKET STABLE
Date: 2/11/2010 For Release: Immediately For More Information Contact: David E. Clark, Economist C3 Statistical Solutions Inc. Office phone: 414-803-6537 or William Malkasian, President Wisconsin REALTORS
More informationWISCONSIN HOUSING MARKETPLACE
WISCONSIN REALTORS ASSOCIATION WISCONSIN HOUSING MARKETPLACE Date: 2/16/06 For Release: Immediately For More Information Contact: David E. Clark, Economist C3 Statistical Solutions Inc. Office phone: 414-803-6537
More informationMARKET AREA UPDATE Report as of: 1Q 2Q 3Q 4Q
Year: 2012 Market Area (City, State): Madison/Dane County, Wisconsin Provided by (Company / Companies): Restaino & Associates, Realtors MARKET AREA UPDATE Report as of: 1Q 2Q 3Q 4Q What are the most significant
More informationWISCONSIN WEST NORTHEAST SOUTH CENTRAL SOUTHEAST
WISCONSIN The RE/MAX INTEGRA, Midwest s Springboard into Summer Housing Market Report analyzes the latest trends and economic conditions of the residential real estate market throughout Wisconsin. Individual
More informationWisconsin Agricultural. Land Prices. Ag Land Values up 4.0%
Wisconsin Agricultural 2012 Land Prices Drought conditions, strong commodity prices and low interest rates combined to fuel another increase in Wisconsin agricultural land prices in 2012. While the year
More informationMonthly Statistical Reports INDEX
1 Monthly Statistical Reports INDEX 1. Index Page 2. Monthly Statistical Narrative 4. Month and YTD Sold & Active Single Family Listings 5. Monthly Sales by Price Range and Bedrooms 6. Single Family Sold
More informationDue by March 31, 2010
State of Wisconsin Department of Natural Resources dnr.wi.gov Annual Report under MS4 General Permit No. WI-S050075-1 Form 3400-195 (R 01/2010) Page 1 Due by March 31, 2010 This form is for the purpose
More informationWorking Lands Initiative WI TOWNS ASSOCIATION December 2010
Working Lands Initiative WI TOWNS ASSOCIATION December 2010 Certification of Plans and Ordinances 2011 Calumet* Brown Dane Dodge Jefferson Kenosha La Crosse Outagamie Ozaukee Racine Rock Walworth Waukesha
More informationProperty Tax Guide for Wisconsin Manufactured and Mobile Home Owners
Property Tax Guide for Wisconsin Manufactured and Mobile Home Owners 2013 Wisconsin Department of Revenue Division of State & Local Finance Office of Assessment Practices P.O. Box 8971 Madison, WI 53708-8971
More informationHousing Solutions for People with Disabilities
Housing Solutions for People with Disabilities Movin Out, in partnership with people with disabilities and their allies, creates and sustains community-integrated, safe, affordable housing solutions. Movin
More informationCounty and Tribal Coordinators:
and Tribal s: Area Covered Contact Position Title E-mail Phone Adams Co. Reesa Evans Lake revans@co.adams.wi.us 608-339-4275 Barron Co. Bayfield Co. Burnett Co. Dale Hanson Stefania Strzalkowska Dave Ferris
More informationMonthly Statistical Reports INDEX
1 Monthly Statistical Reports INDEX 1. Index Page 2. Monthly Statistical Narrative 4. Month and YTD Sold & Active Single Family Listings 5. Monthly Sales by Price Range and Bedrooms 6. Single Family Sold
More informationV2 Attribute Schema Version 2 Statewide Parcel Map Database Project August 31, 2016
http:/ /www.sco.wisc.edu/parcels/data/assets/v2/v2_wisconsin_statewide_parcels_schema_documentation.pdf V2 Attribute Schema Version 2 Statewide Parcel Map Database Project August 31, 2016 Contents About
More informationMember Appraisal Section Wisconsin Realtors Association & National Association Realtors
Raymond A Christ Raymond A Christ (christappraisal.com) W4100 Pheasant Run Tax I D > 39-1758004 Phone 920/922-8677 Fax 920/922-0377 Cell 920-960-7264 B S Business Administration - Finance Marquette University,
More informationHOUSING MARKET OUTLOOK INDIANA MINNESOTA WISCONSIN
HOUSING MARKET OUTLOOK INDIANA MINNESOTA WISCONSIN 2018 TABLE OF CONTENTS INDIANA 3 INDIANA 4 CENTRAL 5 NORTHEAST 6 SOUTHERN 7 GREATER SOUTH BEND REGION 8 SOUTHWEST MINNESOTA 9 MINNESOTA 10 NORTHEAST/ARROWHEAD
More informationWIndicators. Housing Issues Affecting Wisconsin. Volume 1, Number 4. Steven Deller, Todd Johnson, Matt Kures, and Tessa Conroy
WIndicators Housing Issues Affecting Wisconsin Volume 1, Number 4 Steven Deller, Todd Johnson, Matt Kures, and Tessa Conroy Housing is becoming an issue in Wisconsin. Housing prices are growing while new
More informationMonthly Statistical Reports INDEX
1 Monthly Statistical Reports INDEX 1 Index Page onthly Statistical Narrative 3 Month and YTD Sold & Active Single Family Listings 4 Monthly Sales by Price Range and Bedrooms 5 Single Family Sold Graph
More informationGuidelines for the Snowmobile Program. A financial assistance program Administered by the Wisconsin Department of Natural Resources
Guidelines for the Snowmobile Program A financial assistance program Administered by the Wisconsin Department of Natural Resources PUB-CA-002 2006 TABLE OF CONTENTS Introduction...1 DNR Contacts...1 Where
More informationNovember 2018 Washington, DC Market Trends Report Median sales price highest November level in past 10 years
FOR IMMEDIATE RELEASE Contact: Bryan Frantz 202.626.0097 Communications Specialist District of Columbia Association of REALTORS bfrantz@dcrealtors.org November 2018 Washington, DC Market Trends Report
More informationMay 2018 Washington, DC Market Trends Report Sales at record high for May while supply remains scarce
FOR IMMEDIATE RELEASE Contact: Bryan Frantz 202-626-0097 Communications Specialist District of Columbia Association of REALTORS bfrantz@dcrealtors.org May 2018 Washington, DC Market Trends Report Sales
More informationMarch 2018 Washington, DC Market Trends Report Median sales price reaches highest March level on record
FOR IMMEDIATE RELEASE Contact: Bryan Frantz 301-590-8765 Communications Specialist District of Columbia Association of REALTORS bfrantz@dcrealtors.org March 2018 Washington, DC Market Trends Report Median
More informationJune 2018 Washington, DC Market Trends Report Median sales price reaches highest June level on record
FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com June 2018 Washington, DC Market Trends Report Median sales
More informationFOR IMMEDIATE RELEASE Contact: Bobette Banks Director of Communications Greater Capital Area Association of REALTORS
FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com December 2018 Washington, DC Market Trends Report DC closes
More informationMunicipal Treasurers. April 23, Wisconsin Department of Revenue
DOR Update Municipal Treasurers Waukesha April 23, 1 Presenters Scott Shields Director, Technical & Assessment Services Leah Foy Director, Local Government Services 2 Topics of Discussion General Division
More informationNORTHERN VIRGINIA MARCH 2017
STATPAK NORTHERN VIRGINIA MARCH 2017 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR FEBRUARY 2017 Contract activity in February 2017 was up 4.0% from February 2016, and there were
More informationAugust 2015 Washington, DC Market Trends Report Limited supply, high demand continue pushing prices to record highs
FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com August 2015 Washington, DC Market Trends Report Limited
More informationSeptember 2017 Washington, DC Market Trends Report September median sales price drops 6.4 percent but still near record high
FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com September 2017 Washington, DC Market Trends Report September
More informationNovember 2017 Washington, DC Market Trends Report Median sales price ties last year for highest November level on record
FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com November 2017 Washington, DC Market Trends Report Median
More informationResidential Real Estate Market Overview: September 2017 Data
Residential Real Estate Market Overview: September 2017 Data 2017 Mark A. Melikian Chief Valuation Officer mark.melikian@summitvaluations.com 2800 River Road, Suite 460 The following is a market data summary
More informationMonthly Indicators. August Quick Facts + 7.0% + 7.3% %
Monthly Indicators 2018 Indiana REALTORS have closed the books on, releasing their summary of existing-home sales from last month. All metrics are up on a statewide basis except inventory, which is certainly
More informationSarasota/Manatee Housing Market Still Tipped Toward Sellers
FOR IMMEDIATE RELEASE Realtor Association of Sarasota and Manatee Contact: Kathy Roberts (941) 952-343 kathy@myrasm.com Sarasota/Manatee Housing Market Still Tipped Toward Sellers SARASOTA, Fla. (May 24,
More informationSTATPAK MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR JULY McEnearney.com CONTRACTS URGENCY INDEX INVENTORY INTEREST RATES AFFORDABILITY
STATPAK LOUDOUN COUNTY AUGUST 2017 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR JULY 2017 Contract activity in July 2017 was down 8.7% from July 2016, and there were decreases in
More informationApril 2018 Washington, DC Market Trends Report Home sales up 9.4 percent; median sales price reaches highest April on record
N FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com April 2018 Washington, DC Market Trends Report Home
More informationMonthly Indicators. Monthly Snapshot. April % % + 4.7%
Monthly Indicators For residential real estate activity in the state of New Jersey 2018 Monthly Snapshot Many sellers and builders are in a good position for financial gains, as the economy continues to
More informationTENNESSEE HOUSING MARKET
1st Quarter 212 TENNESSEE HOUSING MARKET David A. Penn, Director Business and Economic Research Center Jennings A. Jones College of Business Middle Tennessee State University This quarterly series is supported
More information2012 Agricultural Enterprise Area Program Report
2012 Agricultural Enterprise Area Program Report Wisconsin Department of Agriculture, Trade and Consumer Protection January 2013 Page 2 Program Background The Agricultural Enterprise Area (AEA) program
More informationECONOMIC CURRENTS. Vol. 4, Issue 3. THE Introduction SOUTH FLORIDA ECONOMIC QUARTERLY
ECONOMIC CURRENTS THE Introduction SOUTH FLORIDA ECONOMIC QUARTERLY Vol. 4, Issue 3 Economic Currents provides an overview of the South Florida regional economy. The report presents current employment,
More informationSTATPAK MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR FEBRUARY McEnearney.com CONTRACTS URGENCY INDEX INVENTORY INTEREST RATES
STATPAK LOUDOUN COUNTY MARCH 2018 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR FEBRUARY 2018 Contract activity in February 2018 was almost unchanged, up just 0.2% from February
More information2018 Kansas Housing Markets Forecast
2018 Kansas Housing Markets Forecast Manhattan Housing Forecast WSU Center for Real Estate Wichita State University W. Frank Barton School of Business WICHITA STATE UNIVERSITY W. Frank Barton School of
More informationMONTGOMERY COUNTY JULY 2018
STATPAK MONTGOMERY COUNTY JULY 2018 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR JUNE & FIRST HALF 2018 Contract activity in June 2018 was up 1.2% from June 2017, solely because
More informationAAug ugust 2017
August 17 17 Housing recovery a balancing act Growth in new listings outpaced sales preventing inventory declines City of Calgary, September 1, 17 Sales posted a modest gain in August, but a rise in new
More informationRESIDENTIAL MARKET ANALYSIS
RESIDENTIAL MARKET ANALYSIS EVAN ABRAMOWITZ RMLS Student Fellow Master of Real Estate Development Graduate Student September existing-home sales declined modestly, but inventory continued to tighten and
More informationWashington Market Highlights: Third Quarter 2018
Washington State s Housing Market 3rd Quarter 2018 Washington Market Highlights: Third Quarter 2018 Existing home sales rose in the third quarter by 0.1 percent to a seasonally adjusted annual rate of
More informationWashington Market Highlights: Fourth Quarter 2017
Washington State s Housing Market 4th Quarter 2017 Washington Market Highlights: Fourth Quarter 2017 Existing home sales declined in the fourth quarter by 0.2 percent to a seasonally adjusted annual rate
More informationECONOMIC CURRENTS. Vol. 3, Issue 3 SOUTH FLORIDA ECONOMIC QUARTERLY. Introduction
ECONOMIC CURRENTS THE Introduction SOUTH FLORIDA ECONOMIC QUARTERLY Economic Currents provides an overview of the South Florida regional economy. The report presents current employment, economic and real
More informationRevision December 2017
REALTORS ASSOCIATION OF NORTHEAST WISCONSIN MULTIPLE LISTING SERVICE RULES and REGULATIONS Revision RANW MLS Rules 1 REALTORS ASSOCIATION OF NORTHEAST WISCONSIN, MULTIPLE LISTING SERVICE, INC. RULES AND
More informationMARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR MARCH & 1st QUARTER 2016
STATPAK ` WASHINGTON, DC APRIL 2016 MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR MARCH & 1st QUARTER 2016 Contract activity in March 2016 was up 12.6% from March of 2015, and there were increases
More informationWashington Market Highlights: Fourth Quarter 2018
Washington State s Housing Market 4th Quarter 2018 Washington Market Highlights: Fourth Quarter 2018 Existing home sales fell in the fourth quarter by 2.7 percent to a seasonally adjusted annual rate of
More informationMARKET AREA UPDATE Report as of: 1Q 2Q 3Q 4Q
MARKET AREA UPDATE Report as of: 1Q 2Q 3Q 4Q Year: 2013 Market Area (City, State): Arlington, Virginia Provided by (Company / Companies): McEnearney Associates, Inc. Realtors What are the most significant
More informationPublished by Legal Action of Wisconsin, Inc.
Tenant Sourcebook Published by Legal Action of Wisconsin, Inc. www.legalaction.org Legal Action of Wisconsin, Inc. is a non-profit law firm which exists to provide creative and effective legal representation
More informationECONOMIC CURRENTS. Vol. 3, Issue 1. THE SOUTH FLORIDA ECONOMIC QUARTERLY Introduction
ECONOMIC CURRENTS THE SOUTH FLORIDA ECONOMIC QUARTERLY Introduction Economic Currents provides an overview of the South Florida regional economy. The report contains current employment, economic and real
More informationMonthly Market Watch for the Prescott Quad City Area. Provided by Keller Williams Check Realty Statistics from August 2012 Prescott MLS
August 2012 Monthly Market Watch for the Prescott Quad City Area Provided by Keller Williams Check Realty Statistics from August 2012 Prescott MLS Report Overview: This report includes MLS data for the
More informationMay 2017 Montgomery County Market Trends Report Median sales price increases 5.8 percent; active listings drop 11.8 percent
FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com May 2017 Montgomery County Market Trends Report Median
More information2015 First Quarter Market Report
2015 First Quarter Market Report CAAR Member Copy Expanded Edition Charlottesville Area First Quarter 2015 Highlights: Median sales price for the region was up 5.1% over Q1-2014, rising from $244,250 to
More informationResidential Real Estate Market Overview: April 2017 Data
Residential Real Estate Market Overview: April 2017 Data 2017 Mark A. Melikian Chief Valuation Officer mark.melikian@summitvaluations.com 2800 River Road, Suite 460 The following is a market data summary
More informationrd Quarter Market Report
2012 3 rd Quarter Market Report The voice of real estate in Central Virginia CAAR Member Copy Expanded Edition Charlottesville Area 3 rd Quarter 2012 Highlights: Overall sales in Greater Charlottesville
More informationAll residential unit sales and prices decrease, inventory up
Media Release All residential unit sales and prices decrease, inventory up Edmonton, December 4, 2018: In the Edmonton Census Metropolitan Area (CMA), the all residential unit sales decreased 9.78% month
More informationSpring sales begin to pick up as prices hold steady
News Release Edmonton Real Estate Board Co-operative Listing Bureau Limited For release: April 4, 2016 14220-112 Avenue Edmonton, Alberta Canada T5M 2T8 Telephone: 780-451-6666 www.ereb.com Contact: Steve
More informationThe Canadian Real Estate Association News Release
According to statistics 1 released today by The Canadian Real Estate Association (CREA), national home sales posted their third monthly increase and broke all previous monthly records. Highlights: The
More information500 Q Q Q Q Q Q Q Q Q Q Q Q1-2015
A QUARTERLY UPDATE ON THE ROLE OF FORECLOSURES IN THE REGION PROVIDED BY THE METROPOLITAN INDIANAPOLIS BOARD OF REALTORS Number of Available for Sale 2,250 2,000 1,750 1,500 1,250 1,000 750 500 Q1-2004
More informationThe Canadian Real Estate Association News Release
The Canadian Real Estate Association News Release Canadian home sales push higher in February Ottawa, ON, March 15, 2016 According to statistics 1 released today by The Canadian Real Estate Association
More informationMonthly Indicators. September Quick Facts + 0.2% + 5.0% %
Monthly Indicators 2017 It s not just you there really are fewer homes for sale and more are selling. Indiana s statewide housing market has outpaced 2016 in sales and price growth 9 out of 9 months this
More informationMONTGOMERY COUNTY JANUARY 2019 MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR DECEMBER & 4TH QUARTER 2018
STATPAK MONTGOMERY COUNTY JANUARY 2019 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR DECEMBER & 4TH QUARTER 2018 Contract activity in December 2018 was down 10.1% from December 2017
More informationMonthly Indicators - 5.9% + 7.1% % Market Overview New Listings Pending Sales. Closed Sales Median Sales Price
Monthly Indicators 2018 Housing price bubble chatter has increased this summer, as market observers attempt to predict the next residential real estate shift. It is too early to predict a change from higher
More informationNovember 2018 Montgomery County Market Trends Report Median sales price reaches highest November level in 10 years
FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com November 2018 Montgomery County Market Trends Report Median
More informationECONOMIC CURRENTS. Vol. 5 Issue 2 SOUTH FLORIDA ECONOMIC QUARTERLY. Key Findings, 2 nd Quarter, 2015
ECONOMIC CURRENTS THE Introduction SOUTH FLORIDA ECONOMIC QUARTERLY Economic Currents provides an overview of the South Florida regional economy. The report presents current employment, economic and real
More informationJanuary 2018 Washington, DC Market Trends Report Closed sales reach highest January level since 2005
FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com January 2018 Washington, DC Market Trends Report Closed
More informationAverage selling prices for single family homes up 3.95%
News Release Edmonton Real Estate Board Co-operative Listing Bureau Limited For release: December 2, 2016 14220-112 Avenue Edmonton, Alberta Canada T5M 2T8 Telephone: 780-451-6666 www.ereb.com Contact:
More informationMONTGOMERY COUNTY APRIL 2018
STATPAK MONTGOMERY COUNTY APRIL 2018 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR MARCH 2018 Contract activity in March 2018 was down 6.0% from March 2017, and there were decreases
More informationSTATPAK MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR JANUARY McEnearney.com CONTRACTS URGENCY INDEX INVENTORY INTEREST RATES
STATPAK LOUDOUN COUNTY FEBRUARY 2018 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR JANUARY 2018 Contract activity in January 2018 was down just 2.0% from January 2017, but that is
More informationUpdated through Fall 2013 Searching hints: Use Ctrl-F to find the species you are looking for Search for just a single word from the species name.
1 Updated through Fall 2013 Searching hints: Use Ctrl-F to find the species you are looking for Search for just a single word from the species name. e.g., search for black (rather than black-bellied whistling-duck
More informationHousing and Economy Market Trends
Housing and Economy Market Trends Mainstreet Organization Prices of single-family, detached homes in suburban Chicago increased 12.1 percent in May 2014 compared with the same period a year ago. Overall,
More informationSPRING 2017 MARKET TRENDS REPORT
SPRING 2017 MARKET TRENDS REPORT 1 WISCONSIN It seems almost impossible, but homes in Wisconsin are going from for sale to sold even faster than they did this time a year ago. According to real estate
More informationResidential May Karl L. Guntermann Fred E. Taylor Professor of Real Estate. Adam Nowak Research Associate
Residential May 2008 Karl L. Guntermann Fred E. Taylor Professor of Real Estate Adam Nowak Research Associate The use of repeat sales is the most reliable way to estimate price changes in the housing market
More informationMonthly Indicators. January Quick Facts + 1.8% + 9.8% %
Monthly Indicators 2018 Last month we checked 2017 off as another strong year for Indiana housing markets; and, 2018 is in step so far. Existing-home sales activity held steady in with buyers closing 4,571
More informationMonthly Indicators - 3.3% - 8.6% %
ly Indicators A RESEARCH TOOL PROVIDED BY METRO MLS FOR ACTIVITY IN THE 4-COUNTY MILWAUKEE METROPOLITAN AREA 2018 Quick Facts Some economy observers are pointing to 2018 as the final period in a long string
More informationSan Francisco Housing Market Update
San Francisco Housing Market Update California Economic and Housing Market Outlook The national economy maintained a healthy growth rate in the first quarter of 2005 and appeared to be settling in for
More informationMonthly Indicators + 4.8% - 3.5% %
Monthly Indicators 2015 New Listings were up 45.0 percent for single family/duplex homes but decreased 44.1 percent for townhouse-condo properties. Pending Sales increased 14.3 percent for single family/duplex
More informationSection 1 - Current Metro Rent Details. Asking Rent by Age Asking Rent Distribution Asking Rent Growth Rate Distribution $788 $859 $860 $931
Section 1 - Current Metro Rent Details Asking Rent by Age Asking Rent Distribution Asking Rent Growth Rate Distribution Year Built Rent Before 1970 $516 1970-1979 $484 1980-1989 $602 1990-1999 $702 After
More informationMay 2016 Washington, DC Market Trends Report Listings continue to move quickly as sales climb nearly 14 percent
FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com May 2016 Washington, DC Market Trends Report Listings
More informationRESIDENTIAL MARKET ANALYSIS
RESIDENTIAL MARKET ANALYSIS CLANCY TERRY RMLS Student Fellow Master of Real Estate Development Candidate Oregon and national housing markets both demonstrated shifting trends in the first quarter of 2015
More informationnd Quarter Market Report
2015 2 nd Quarter Market Report The voice of real estate in Central Virginia CAAR Member Copy Expanded Edition Charlottesville Area 2 nd Quarter 2015 Highlights: Closed sales in the Greater Charlottesville
More informationCAAR Market Report 2010 First Quarter Published by the Charlottesville Area Association of REALTORS
CAAR Market Report 2010 First Quarter Published by the Charlottesville Area Association of REALTORS Where Are We Now? In the first quarter of 2010, the Charlottesville real estate market continued the
More informationMONTGOMERY COUNTY MAY 2018
STATPAK MONTGOMERY COUNTY MAY 2018 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR APRIL 2018 Contract activity in April 2018 was up just 0.9% from, but there were increases in four
More informationYear to Date (thru June)
CAAR Market Report 2009 Mid-Year Published by the Charlottesville Area Association of REALTORS Where Are We Now? The pace of home purchases in the Charlottesville area continues to improve from the dismal
More informationAll residential average unit prices decrease, unit sales increase month over month
Edmonton Real Estate Board Co-operative Listing Bureau Limited For release: August 2, 2018 14220 112 Avenue NW Edmonton, Alberta T5M 2T8 780-451-6666 www.realtorsofedmonton.com Contact: Darcy Torhjelm,
More informationMonthly Indicators - 8.1% + 3.6% - 0.6% Activity Overview New Listings Pending Sales. Closed Sales. Days on Market Until Sale. Median Sales Price
Monthly Indicators 2019 In addition to ongoing housing price increases and affordability concerns in the state of New York, the first quarter of 2019 saw a fair share of adverse weather as well. Sales
More informationSarasota and Manatee Homes Sell Quickly in August 2018
FOR IMMEDIATE RELEASE REALTOR Association of Sarasota and Manatee Contact: Gina White (941) 952-345 Gina@MyRASM.com Sarasota and Manatee Homes Sell Quickly in August 218 SARASOTA, Fla. (September 2, 218)
More informationQ Q Q Q Q Q Q Q Q1-2016
A QUARTERLY UPDATE ON THE ROLE OF FORECLOSURES IN THE REGION PROVIDED BY THE UPSTATE ALLIANCE OF REALTORS MULTIPLE LISTING SERVICE Number of Available for Sale 600 500 400 300 200 100 0 Q1-2008 Q1-2009
More informationECONOMIC PERSPECTIVES
February 4, 2019 ECONOMIC PERSPECTIVES EXISTING HOME SALES IN FHLBNY AREA HELD UP BETTER THAN THE NATION, REGION IN 2018 Authored by Brian Jones, FHLBNY Financial Economist HIGHLIGHTS:» Existing home sales
More informationHigh inventory, stable prices for the 2018 real estate market
Media Release High inventory, stable prices for the 2018 real estate market Edmonton, January 3, 2019: The Edmonton Census Metropolitan Area (CMA) real estate market marked a year of stable average and
More informationMonthly Indicators - 7.4% + 5.6% % Activity Overview New Listings Pending Sales. Closed Sales. Days on Market Until Sale. Median Sales Price
Monthly Indicators 218 Rising home prices, higher interest rates and increased building material costs have pressured housing affordability to a ten-year low, according to the National Association of Home
More informationRESIDENTIAL MARKET ANALYSIS
RESIDENTIAL MARKET ANALYSIS EVAN ABRAMOWITZ Joseph Bernard Investment Real Estate Oregon Association of Realtors Student Fellow Masters of Real Estate Development Graduate Student National housing market
More informationMarch 2018 Montgomery County Market Trends Report Median sales price reaches highest March level on record; days-on-market down from 2017
FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com March 2018 Montgomery County Market Trends Report Median
More informationLouisiana 2011 YTD v At a Glance
IN THIS ISSUE... Days on the Market: What Does it Tell Us? Statewide Sales Statistics Unemployment Rates Up, Job Gains Shown Recent Economic Development News LR s Quarterly Report on the Real Estate Market
More information