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Archive for the ‘Market Statistics’ Category

There was an interesting article in The Houston Chronicle yesterday reporting that home values in Houston fell 2.7% in October compared to October 2007. The median home price is currently at $142,000. This comes after a 4% rise in September and small, incrimental rises throughout the year.  The Chronicle reported that a slowing national economy, tighter [...]

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Metrostudy is the leading provider of primary and secondary market information to the housing and related industries nationwide. Metrostudy understands that knowing your market is an essential ingredient to putting together any successful real estate deal. That’s why Metrostudy offers complete, accurate and usable information in the industry. Last week Metrostudy did a presentation discussing [...]

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With Vetrans Day last week making it a shortened week in the Bond Market, the financial market was still lively as they reacted to several pieces of bad economic news brought throughout the week. Bad News #1 The week started with Circuit City filing for Chapter 11 Bankruptcy, and stating that they will be closing 150 stores – all [...]

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If you are wondering if now is the time to buy, check out this website! If you are wondering how much of the information the media reports about the housing market is applicable to the Houston housing market, check out this website! If you ever wanted to know anything about the Houston housing market, check [...]

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Two important factors or housing market indicators when investingating the state of a market are the residential building permits and new-home consturction starts. Bernard Markstein, senior economist at the National Association of Home Builders, or NAHB, in Washington D.C., agrees that these indicators are measured by local government building officials and the U.S. Census Bureau. [...]

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As you research out the real estate market and start making conclusions about how it is wokring for you, please remember that the quality of the data is crucial to good analysis. Just like do-it-yourself remodeling, personal economic analysis is not without  certain pitfalls. It’s important to track inventory, starts, unemployment and other figures over [...]

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In order to avoid a lot of excessive research, it is best to zero in on the most important statistics such as the supply, or Inventory, of homes that are for sale in the local area. “There is a whole lot of litany of factors that affect housing – home sales, housing starts, building permits, [...]

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How can you figure out when home prices have really hit rock bottom and will begin to recover in your area? The best way to find out is by digging up some facts and figures about your own city or town and then combine that data with information about national trends to formulate your own [...]

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Accroding to HAR.com (Houston Association of Realtors), the month of May brought Houston Real Estate some real Milestones. In May Houston’s Real Estate market experienced the following: – Second highest average single-family home sales price ($214,732); – Highest average and median sales prices for townhouses/condominiums; – Largest number of single-family home sales since August 2007; [...]

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According to HAR.com, the months of inventory for The Woodlands is 4.4 months. Months of Inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. On March 12th of this year I reported that the months of inventory at that time was 3.9 [...]

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