Marti Pattinson

REALM Real Estate Professionals

14909 Southwest Freeway Suite 102
Sugar Land, TX 77478


Cell: 281-703-0016   
Phone: 281-703-0016 
Fax: 832-690-5987

Housing Trends

July 2017

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National market update

Existing-Home Sales Rise 1.1 Percent in May; Median Sales Price Ascends to New High

WASHINGTON (June 21, 2017) — Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on the market to a new low, according to the National Association of Realtors®. All major regions except for the Midwest saw an increase in sales last month.




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America's 20 Hottest Real Estate Markets for June 2017

Are you ready for the housing market's Endless Summer? At least it might feel endless, because there seems to be no end in sight for the national housing shortage now that we're waist-deep in the busiest season for buying and selling, according to a preliminary analysis of June data by realtor.com®.




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National housing indicators

Existing home sales (May)

5.62 millions units*

Existing home median price (May)

$252,800

Housing Starts (May)

1.092 millions units*

New home sales (April)

0.569*

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

National economic indicators

Home ownership

1st Quarter 2017

63.5%

1st Quarter 2016

63.6%

The homeownership rate of 63.6 percent was not statistically different from the rate in the first quarter 2016 (63.5 percent) or the rate in the fourth quarter 2016 (63.7 percent).

New home sales

April 2017

-11.4%

May 2017

+2.9%

Sales of new single-family houses in May 2017 were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 2.9 percent (±13.0 percent)* above the revised April rate of 593,000 and is 8.9 percent (±21.9 percent)* above the May 2016 estimate of 560,000.

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.

Marti Pattinson

Summer is quickly approaching and the listing inventory will tighten up with the number of transferees we know that are coming to Houston this summer. Please let me know how I can help you! Read more

(This/Next) weekend is the (name of festival/home improvement show), located at the (where it’s located). It will be (fun/informative). If you’d like a map of the event, a schedule and a list of (performers/exhibitors).

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Consumer tips & hot properties

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10 Places Where Trading Up Your Home Is Hardest

In these cities where the housing market is feeling the squeeze, your starter home might, in fact, become your forever home. Rest assured, we have some tips to help you move up.


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The Heat Is On: 5 Sizzling Reasons to Buy a Home During Housing’s Hottest Season

There are some distinct advantages to buying a home in summer—as long as you can stand the heat of a little competition.


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8 Ways People Doom Their Own Home Sales

Home selling is a skill that most people don’t get to practice much, which is why even homeowners who have sold before might stumble on their way to market.


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Don’t Move In Without Asking the Seller These Questions

Home buyers can skip a lot of confusion in their new home just by asking the previous owner some pointed questions.


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These Organizing Mistakes Can Make Your Home Messier

If you fall into these common traps, your organizational operation could result in more clutter than before.


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Existing Home Statistics

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