New Home Sales Gain in Ames According to Freshest Data
Posted on: May 06, 2013 07:01:16 AM
The Ames, IA market saw an increase in closings of new homes in January year-over-year, rebounding from a year-over-year decline in December 2012. New home closings moved from none a year earlier to one after the figure moved from six in December 2011 to one in December 2012.
A total of five new homes were sold during the 12 months that ended in January, up from four for the year that ended in December.
Following a decline in December year-over-year, closings of new and existing homes grew year-over-year in January.
Other Market Trends
Foreclosures and real estate owned (REO) closings continued to fall from a year earlier in January, but did not look to be a burden on the market. Out of all existing home closings, foreclosures combined with REO closings accounted for no part of closings, below 60.0% a year earlier. The percentage of existing home closings involving foreclosures dropped to no part in January from 60.0% a year earlier while REO closings as a percentage of existing home closings stayed level at no part.
Please refer to the ABOUT THIS MSA tab to learn more about geographic coverage and data availability in the Ames, IA area.
New Home Sales Gain in Ames According to Freshest Data
Posted on: May 06, 2013 07:01:16 AM
The Ames, IA market saw an increase in closings of new homes in January year-over-year, rebounding from a year-over-year decline in December 2012. New home closings moved from none a year earlier to one after the figure moved from six in December 2011 to one in December 2012.
A total of five new homes were sold during the 12 months that ended in January, up from four for the year that ended in December.
Following a decline in December year-over-year, closings of new and existing homes grew year-over-year in January.
Other Market Trends
Foreclosures and real estate owned (REO) closings continued to fall from a year earlier in January, but did not look to be a burden on the market. Out of all existing home closings, foreclosures combined with REO closings accounted for no part of closings, below 60.0% a year earlier. The percentage of existing home closings involving foreclosures dropped to no part in January from 60.0% a year earlier while REO closings as a percentage of existing home closings stayed level at no part.
Please refer to the ABOUT THIS MSA tab to learn more about geographic coverage and data availability in the Ames, IA area.
Source: Housing Intelligence