Thursday, January 3, 2013

Lots of great data from George and Karen Black of Intero




George Black
Intero Real Estate Services
408-921-1711
1567 Meridian Avenue, San Jose, CA 95125
Phone: 408-979-5800 Fax: 408-877-1671 RE License #: 00918627
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DECEMBER - 2012 Newsletter Share
Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, REALTOR.com local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.
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SOLD!! - 221 Jackson Street in Los Gatos, CA. Do you or anyone you know need to sell? Please give us a call; we are here to help! more...

Please check out our new listing in Campbell at 312 Milton Avenue. Call for private showing or stop by the Open house on January 5th and 6th from 1 - 4 pm... more...
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National Real Estate Market Update
November Existing-Home Sales & Prices Maintain Uptrend
WASHINGTON (December 20, 2012) - Existing-home sales continued to improve in November with low inventory supply pressuring home prices, according to the National Association of Realtors®. More...

National Real Estate Market Articles Source:NATIONAL ASSOCIATION OF REALTORS®.


Daily Real Estate Market Outlook
Economists' Commentaries provide an in-depth look at trends and current news related to housing and the real estate market. Click here


Contact Me
for all of your Real Estate needs
George Black
Intero Real Estate Services

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Mortgage Rates

Mortgage Calculator

National
Housing Indicators
Existing Home Sales
(November)
5.04 million units*
Existing Home Median Price
(November)
$180,600
Housing Starts
(November)
861,000 units*
New Home Sales
(November)
377,000*
*seasonally adjusted annual rate
Source NATIONAL ASSOCIATION OF REALTORS®.
National
Economic Indicators
Homeownership Rate
3rd Qtr 12 3rd Qtr 11
65.5% 66.3%

The homeownership rate in the third quarter 2012 (65.5 percent) was lower than the third quarter 2011 rate (66.3 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
Nov 12 Oct 12
+4.4% -3.5%

Sales of new single-family houses in November 2012 were at a seasonally adjusted annual rate of 377,000. This is 4.4 percent (+/- 16.8%)* above the revised October 2012 estimate of 361,000.
Source U.S. CENSUS BUREAU
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