U. S. Single Family Home Prices Up 3.6 Percent

From RealTrends.com: Fiserv, Inc. released an analysis of home price trends in more than 375 U. S. markets based on the Fiserv® Case-Shiller Indexes.

In the second quarter of 2010, U. S. single-family home prices rose an average of 3.6 percent over the year-ago quarter, driven by strong price increases in relatively high-priced markets, such as San Diego, Washington, D.C., and the San Francisco Bay Area.

Read more

RealtyTrac: Foreclosure Activity Decreases 4% in October

From RealTrends.com: RealtyTrac released its U.S. Foreclosure Market Report™ for October 2010, which shows foreclosure filings were reported on 332,172 properties in October, a 4 percent decrease from the previous month and almost exactly the same total reported in October 2009. One in every 389 U.S. housing units received a foreclosure filing during the month.

Read more

New-Home Sales Rise 6.6 Percent in September

From RealTrends.com: Sales of newly built, single-family homes rose 6.6 percent in September to a seasonally adjusted annual rate of 307,000 units, their best pace since June, according to data released by the U.S. Commerce Department today. Sales of newly built homes rose in three out of four regions in September, with the Northeast posting a … Read more

October 2010

October 2010 Sales YTD Avg List Price Avg Sale Price 2009 Sales Value of the Month Las Campanas 25 1,330,640 1,188,172 35 Northwest County 77 642,930 608,513 63 Northeast City 129 724,598 6678,191 114 Tesuque 12 1,115,492 1,035,333 10 Santa Fe City 1038 467,200 438,577 984 Santa Fe County 1098 458,165 430,243 1023 Go In-Depth Market … Read more

Existing-Home Sales Jump 10 Percent

From MSNBC.com: September Surge the Biggest Monthly Gain in 28 Years

WASHINGTON — Sales of previously occupied homes jumped 10 percent in September, an industry group said Monday. It was the biggest monthly gain in 28 years.

The monthly gain was bigger than expected, indicating the housing market is stabilizing at weaker levels and continues to struggle.

The National Association of Realtors said sales increased 10 percent from August, rising for a second straight month, to an annual rate of 4.53 million units. August’s sales pace was revised slightly down to a 4.12 million-unit pace.

Read more

September 2010

September 2010 Sales YTD Avg List Price Avg Sale Price 2009 Sales Value of the Month Las Campanas 23 1,400,826 1,176,395 35 Northwest County 67 651,313 614,948 56 Northeast City 119 738,339 690,849 101 Tesuque 12 1,115,492 1,035,333 6 Santa Fe City 947 466,235 437,989 856 Santa Fe County 1006 456,663 429,150 888 Go In-Depth Market … Read more

August Sales Improved Slightly from July

August housing sales recover from July dive after expiration of tax credit.

August housing sales declined for the second month in a row with unit sales dropping 13.7 percent from August 2009 according to the REAL Trends Housing Market Report.  While the decline was expected the results beat most forecasts.  The average price of all homes sold increased 5.0% from the average price recorded in 2009.  Total sales volumes decreased 9.4% from the same month a year ago. The August 2010 results were 29.2 percent below the August 2007 results the first year the REAL Trends Housing Market Report was published.

Read more

August 2010

August 2010 Sales YTD Avg List Price Avg Sale Price 2009 Sales Value of the Month Las Campanas 17 1,328,588 1,176,605 30 Northwest County 60 645,100 609,542 43 Northeast City 100 736,560 686,370 80 Tesuque 11 1,073,718 1,044,455 5 Santa Fe City 840 463,514 435,291 732 Santa Fe County 769 447,889 420,661 650 Go In-Depth Market … Read more

Housing Starts Rise 1.7 Percent in July

From RealTrends.com: Nationwide housing starts inched up 1.7 percent to a seasonally adjusted annual rate of 546,000 units in July from a downwardly revised figure in the previous month, according to U.S. Commerce Department figures released today. The gain occurred entirely on the multi-family side, with single-family housing production falling 4.2 percent to 432,000 units.

Read more