Housing Data (Query)

Housing Data

• Illinois Home Sales Surge 14.8% in Fourth Qtr. of 2011

  SPRINGFIELD, Ill., Feb. 9, 2012 /PRNewswire-USNewswire/ -- According to the Illinois Association of REALTORS(R) fourth quarter 2011 report, Illinois home sales (single family and condominiums) totaled 25,394, up 14.8 percent from 22,114 home sales in the fourth quarter of 2010.

   

• Likely Voters Again Lend Support of Homeownership

  NAHB hopes to use its latest poll to further influence national politics and policy.

   

• Home Building Outlook: Most Local Markets to Improve in 2012

  Hanley Wood Market Intelligence’s new quarterly forecast ranks local markets based on six indicators it says are strong predictors of new-home sales.

   

• Improving Markets Index Up in February

  The list of newly admitted metros includes many areas that have been among the hardest hit.

   

• Flooded with Foreclosures, Atlanta to Gain From Gov't's Rental Program

  Feb. 05--Throughout metro Atlanta, thousands of vacant homes now owned by the federal government sit languishing -- dragging down home values and adding to a mass of housing woes that stunt the region's economic recovery.

   

• Big Builders See Stable Housing Market Ahead

  LOS ANGELES - The CEOs of some of the nation's biggest homebuilding companies said Thursday that they feel the housing market has stabilized.

   

• Rate on 30-Year Mortgage Falls to Record 3.87%

  WASHINGTON - The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year.

   

• Fewer Seek Unemployment Aid as Job Market Improves

  WASHINGTON - The number of people seeking unemployment benefits fell last week to a level that signaled a steadily improving job market.

   
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  2012 Market by Market Expectations for Home Building

  Recovery begins one market at a time.

   

• Construction Spending Finished 2011 Strong

  The year as a whole, however, was down 2% from 2010.

   

• Metro Home Prices Hit Post-Bust Lows in November

  As foreclosures heat up again, prices in hard-hit cities such as Atlanta and Chicago are taking a hit.

   

• Homeownership Rate Down but Stabilizing

  Median asking rent prices spiked at the end of 2011 to a median of more than $700 a month, Census figures show.

   

• 10 Real Estate Markets to Watch in 2012

  Based on analysis of housing, economic, and demographic data for metro areas nationwide, these markets are showing signs of strength in several key metrics.

   

• Philadelphia Home Prices Down 2.4% in Fourth Qtr.

  Jan. 31--After holding steady during most of 2011, single-family house prices in the city fell 2.4 percent in the fourth quarter, an analysis by economist Kevin Gillen shows.

   

• New-Home Sales Set Record Low in 2011

  The year closed on a low note with sales reporting a 2.2% decline in December.

   

• Pending Home Sales Stumbled in December

  After a strong showing in previous months, contract signings were down 3.5%.

   

• Home Prices Improved in November, FHFA Says

  The oil-rich West South Central division outperformed the rest of the country on both a monthly and yearly basis.

   

• Home Sales in Mass. Hit Lowest Point in 20 Years

  Jan. 24--BOSTON -- Home sales in Massachusetts in 2011 hit their lowest levels since 1990, despite low interest rates and "soft" median sales prices that dropped 3 percent last year, real estate market analysts reported Tuesday.

   

• Pittsburgh Housing Market Spinning Its Wheels

  Jan. 24--Pittsburgh-area homebuyers have paid steadily higher prices for their slice of the American dream over the past decade, while the overall number of home sales continues to decline in the region.

   

• Existing-Home Sales Lifted in December

  With a total of 4.26 million homes sold last year, sales were 1.7% higher than 2010.