Anderson, IN - Latest Figures for New Home Sales Remain Level
Posted on: May 06, 2012 09:11:35 AM
New home sales in the Anderson, IN market stayed the same year-over-year in January, staying flat after advancing year-over-year in December from the year earlier. Sales remained level at none from a year earlier after the figure moved from none in December 2010 to four in December 2011.
A total of 16 new homes were sold during the 12 months that ended in January, equal to the number of new homes sold for the year that ended in December.
Following a decline in December year-over-year, sales of new and existing homes increased year-over-year in January.
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Other Market Trends
Foreclosures and real estate owned (REO) sales continued to increase in January from a year earlier and remained a burden on the market. Foreclosures and REO sales, taken together, represented 57.9% of existing home sales, up from 45.2% a year earlier. The percentage of existing home sales involving foreclosures rose to 42.7% in January from 13.4% a year earlier while REO sales as a percentage of existing home sales slid to 15.2% from 31.8% a year earlier.
Please refer to the ABOUT THIS MSA tab to learn more about geographic coverage and data availability in this market area.
Anderson, IN - Latest Figures for New Home Sales Remain Level
Posted on: May 06, 2012 09:11:35 AM
New home sales in the Anderson, IN market stayed the same year-over-year in January, staying flat after advancing year-over-year in December from the year earlier. Sales remained level at none from a year earlier after the figure moved from none in December 2010 to four in December 2011.
A total of 16 new homes were sold during the 12 months that ended in January, equal to the number of new homes sold for the year that ended in December.
Following a decline in December year-over-year, sales of new and existing homes increased year-over-year in January.
Other Market Trends
Foreclosures and real estate owned (REO) sales continued to increase in January from a year earlier and remained a burden on the market. Foreclosures and REO sales, taken together, represented 57.9% of existing home sales, up from 45.2% a year earlier. The percentage of existing home sales involving foreclosures rose to 42.7% in January from 13.4% a year earlier while REO sales as a percentage of existing home sales slid to 15.2% from 31.8% a year earlier.
Please refer to the ABOUT THIS MSA tab to learn more about geographic coverage and data availability in this market area.
Source: Housing Intelligence