Judy Shryock

Keller Williams Realty Conroe/Lake Conroe

2200 N. 3083 West
Conroe, TX 77304


Cell: 936-232-9351   
Phone: 936-582-2102 
Fax: (936) 441-8001

Housing Trends

October 2016

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National market update

First-time Buyers Steer Existing-Home Sales Higher in September

WASHINGTON (October 20, 2016) — Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers reaching a 34 percent share, which is a high not seen in over four years, according to the National Association of Realtors®. All major regions saw an increase in closings last month, and distressed sales fell to a new low of 4 percent of the market.



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Homes For Sale: Ghosts Included

Some home sellers and real estate professionals are using Halloween to market the "haunted home” reputation of their listing. And for fodder, here are some of the spookiest listings for sale across the country, according to TopTenRealEstateDeals.com



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National housing indicators

Existing home sales (September)

5.47 millions units*

Existing home median price (September)

$234,200

Housing Starts (September)

1.047 millions units*

New home sales (August)

0.609 millions units*

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

National economic indicators

Home ownership

3rd Quarter 2016

63.5%

3rd Quarter 2015

63.7%

The homeownership rate of 63.5 percent was 0.2 percentage points (+/-0.5)* lower than the third quarter 2015 rate (63.7 percent) and 0.6 percentage points (+/-0.5)* high than the second quarter 2016 rate(62.9 percent).

New home sales

Sept 2016

+3.1%

Aug 2016

-7.6%

Sales of new single-family houses in September 2016 were at a seasonally adjusted annual rate of 593,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 3.1 percent (±16.2%)* above the revised August rate of 575,000 and is 29.8 percent (±23.4%) above the September 2015 estimate of 457,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

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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.

Judy Shryock

Phil and I just watched Deepwater Horizon. A story set on the offshore drilling rig Deepwater Horizon, which exploded during April 2010 and created the worst oil spill in the U.S. history. Well worth going to the movie to see it.

New Lease Listing - April Sound - Nice 3 Bedrooms, 2 1/2 baths, 2 car garage, large deck with Gazebo. $1,800 month, no pets allowed. Read more

October 12th and 13th is the Wedgewood and Wedgewood Estates Annual Garage/Yard Sale. Directions are: from I-45N, exit 3083, go over I-45, travel down until you get to Longmire(4-way stop), turn right, Wedgewood Estates is one mile down on the left. Read more

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Consumer tips & hot properties

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Is Fall Actually the Best Season to Buy a Home?

Spring and summer see most of the real estate action, but autumn may be a better time to find and purchase a home.


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Save Your Money: Don't Buy These Things at Ikea

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Existing Home Statistics

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