Dan Valentine ,GRI, e-PRO, M Mn
Valentine Sales and Management
602-377-0621   
12031 N. Cave Creek Road, Phoenix, AZ 85020
Phone: 602-866-0150       
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APRIL - 2012 Newsletter
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®.
What's Happening in Local Markets?
 Local Market Reports for 150 Metropolitan Housing Markets
*Local Prices & State Sales
*Prepared by National Association of REALTORS®
**Prepared by Clarus MarketMetrics
  Local Area Markets in 25 States
**Local Sales & Price Activity
*Prepared by National Association of REALTORS®
**Prepared by Clarus MarketMetrics
Dan Valentine ,GRI, e-PRO, M Mn

 Never a better time in Phoenix to buy a home or rental home or build a rental portfolio. The "PERFECT STORM" is here. Excessive Inventory, Record Low Lending Rates, Rock Bottom Prices, Strong Rental Market, Inexpensive & Abundance of Rehab Labor, Incredible Opportnuities. Not a time to watch , but to act. Act Smart, Be Cautious, BUT DO SOMETHING! 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 eFrogPond,Inc.
Community Reports on REALTOR.com
Enter a ZIP code to view a report. For a comparison report, enter a second ZIP.
Compare Community AmenitiesCompare Community Statistics
* Shopping and Groceries
* Public Services
* Places of Worship
* Recreation and Leisure
* Food and Drink
* Population
* Households
* Education
* Housing
* Transporation
* Income
* Employment
* Net Worth
* Cost of Living
* Climate
Source: REALTOR.com
National Real Estate Market Update
Existing-Home Sales Decline in March but Inventory Down, Prices Stabilizing
WASHINGTON (April 19, 2012) – Existing-home sales were down in March but continue to outpace year-ago levels, while inventory tightened and home prices are showing further signs of stabilizing, according to the National Association of Realtors®. More...
Pending Home Sales Ease in February but Solidly Higher Than a Year Ago
Pending home sales were down slightly in February but remain notably above the pattern in the first half of last year, according to the National Association of Realtors®. More...

National Real Estate Market Articles    Source:NATIONAL ASSOCIATION OF REALTORS®.
March 2012 Existing Home Statistics
Source: NATIONAL ASSOCIATION OF REALTORS®.
 View Prices / % Changes for 159 Cities
 & Metropolitan Areas
     Housing Affordability Index |  Click Here to view details
  Mouse over the map to view
Regional Definitions

 National Existing Home Sales
  Homes
4,480,000
Single Family
3,970,000
Condo/Co-op
510,000
vs. last month:  -2.6%  -2.5%  -3.8%
vs. last year:  5.2%  5.9%  0.0%
 National Sales Price of Existing Homes
  Homes
$163,800
Single Family
$163,600
Condo/Co-op
$165,200
vs. last year:  2.5%  1.9%  7.1%
  Existing Home Sales [View Detail]
  Sales Price of Existing Homes [View Detail]
  Existing Single Family Home Sales [View Detail]
  Sales Price of Existing Single-Family Homes [View Detail]
  Existing Condomunium & Cooperative Sales [View Detail]
  Sales Price of Existing Condo/Co-op Homes [View Detail]
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
Consumer Tips & Cool Properties
Create an Outdoor Resort in Your Backyard
This summer many will be spending more vacation time at home instead of traveling to a distant location. According to the American Lighting Association (ALA), with a few updates to your outside lighting, you can enjoy a mini vacation at home. More...
Have $18 Million Lying Around? Coral Gables has a Home for You
HuffPost Miami brags that "If you've got $18 million lying around, Coral Gables has some real estate for you". Realtor.com provides glimpse into the 10 most expensive home in Gables. More...
Tornado Storm Shelters: Safe Room Protection When it Counts
How do you stand up to one of nature’s most destructive forces? Building a safe room or installing a modular storm shelter is one of the few defenses against a tornado. More...
Are You Looking for Energy Savings in All the Wrong Places?
Our energy costs are going up because too many of us are making the wrong judgment calls about how to save energy. Here’s why we’re having a disconnect. More...
What to Consider Before Building a Pool
In-ground pools are expensive projects with ongoing maintenance costs, so review the numbers before taking the plunge. More...

Mortgage Rates
Mortgage Calculator


National
Housing Indicators
Existing Home Sales
(March)
4.48 million units*
Existing Home Median Price
(March)
$163,800
Housing Starts
(March)
654,000 units*
New Home Sales
(March)
328,000 units *
*seasonally adjusted annual rate
Source NATIONAL ASSOCIATION OF REALTORS®.
National
Economic Indicators
Homeownership Rate
4th Qtr 11 3rd Qtr 11
66.0% 66.3%

The homeownership rate in the fourth quarter 2011 (66.0 percent) was lower than the fourth quarter 2010 rate (66.5 percent). The homeownership rates in the Northeast, Midwest, South, and West were not statistically different from their corresponding fourth quarter 2010 rates.
New Home Sales
Mar 12 Feb 12
 
 
 
-7.1% +7.3%

Sales of new single-family houses in March 2012 were at a seasonally adjusted annual rate of 328,000. This is 7.1 percent (+/- 20.7%)* below the revised February 2012 estimate of 353,000.
Source U.S. CENSUS BUREAU



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