Fred Scrivner

The Scrivner Referral Group

1150 Clear Lake City Blvd., Suite 100
Houston, TX 77062


Cell: 713-478-1363   
Phone: 713-478-1363 
Fax: 281-488-2264

Housing Trends

September 2012

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National market update

August Existing Home Sales & Prices Rise

WASHINGTON (September 19, 2012) - Existing-home sales continued to improve in August and the national median price rose on a year-over-year basis for the sixth straight month, according to the National Association of Realtors®. More... Read more

Homes Selling More Quickly, Time on Market Down with Tighter Supplies

WASHINGTON (September 5, 2012) – A new measure shows the typical amount of time it takes to sell a home is shrinking, and for traditional sellers is now in the range of historic norms for a balanced market, well below the cyclical peak reached in 2009, according to the National Association of Realtors®. More...


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National housing indicators

Existing home sales ()

4.82 million units*

Existing home median price ()

$187,400

Housing Starts ()

750,000 units*

New home sales ()

372,000 (July)*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

2nd Qtr 12

65.5%

2nd Qtr 11

65.9%

The homeownership rate in the second quarter 2012 (65.5 percent) was lower than the second quarter 2011 rate (65.9 percent). The homeownership rate in the South was lower than the corresponding second quarter 2011 rate, while the rates in the Northeast, Midwest, and West were not statistically different.

New home sales

July 12

+3.6%

June 12

-3.5%

Sales of new single-family houses in July 2012 were at a seasonally adjusted annual rate of 372,000. This is 3.6 percent (+/- 14.1%)* above the revised June 2012 estimate of 359,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Fred Scrivner

Home Ownership matters…to people, to communities, and to America. Why? • For every two homes sold, one job is created in the U.S. • Each purchase generates as much as $60,000 in economic activity over time. Read more

Buying is now cheaper than renting in 74 percent of the nation’s largest cities. Low home prices and “rock-bottom” interest rates as well as tax advantages of homeownership are the reasons why it’s now cheaper to BUY a 2-bdrm home than to rent one. Check out this CNN Money article with the details. Read more

Disclaimer: The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.

Consumer tips & hot properties

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Cut Taxes With Early Mortgage Payment

Kay Bell, Bankrate.com, explains "how a little year-end attention to your mortgage payment could lower your upcoming Internal Revenue Service bill". More... Read more

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Everything You Need to Know about Best Price for Heating Oil

It’s that time of year when you think about the price of heating oil and how it will effect your budget. Patricia Schaefer says, "…with a few hours of your time, you the homeowner and consumer can have the satisfaction of knowing you’re paying the best possible price for your heating oil.” More…
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Time for Your Home's Fall Maintenance

Illyse Glick reminds us September is time for home inspections of key areas such as gutters, cracks and leaks, furnace and fireplace. Maintenance is essential to avoiding bigger problems. More... Read more

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Customize Your Kitchen for Less

Amy R. Hughes, "This Old House" magazine, offers 28 ways to have the kitchen your way on a budget. More... Read more

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Fall Yardwork Makes Lush Spring Lawns & Gardens

This Old House landscape contractor Roger Cook advises, "Fall is the absolute best time to get things done, and it gives you a head start on spring". More...

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Existing Home Statistics

View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.