Andrea Sunseri

Sand N Sea Properties. Inc.

4127 Pirates Beach
Galveston, TX 77554

Cell: 409-744-2754   
Phone: (409)797-5537 
Fax: (409) 797-5538

Housing Trends

September 2014

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National market update

Existing-Home Sales Slightly Lose Momentum in August as Investor Activity Declines

WASHINGTON (September 22, 2014) – After four consecutive months of gains, existing-home sales slipped in August as investors paying in cash retreated from the market, according to the National Association of Realtors®. Sales increases in the Northeast and Midwest were outweighed by declines in the South and West.

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Realtors® President Calls on Policy Makers to Protect Middle Class Homeownership at Bipartisan Policy Center Housing Summit

WASHINGTON (September 16, 2014) – National Association of Realtors® President Steve Brown delivered remarks about the ongoing obstacles to mortgage credit facing creditworthy buyers today at the Bipartisan Policy Center’s 2014 Housing Summit, Housing America’s Future: New Directions for National Policy.

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National housing indicators

Existing home sales ()

5.05 million units*

Existing home median price ()


Housing Starts ()

9.56 million units*

New home sales ()

4.12 million units*

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

National economic indicators

Home ownership

2nd Qtr 2014


2nd Qtr 2013


The homeownership rate in the second quarter 2014 was 64.7 percent, down 0.3 (+/- 0.4)* percentage points from the second quarter 2013 rate of 65.0 percent. The homeownership rates in the Northeast and South were lower than the rates in the second quarter 2013, while the rates in the Midwest and West were not statistically different from the rates a year ago.

New home sales

July 2014


June 2014


Sales of new single-family houses in July 2014 were at a seasonally adjusted annual rate of 412,000. This is 2.4 percent (+/- 11.9%)* below the revised June 2014 estimate of 422,000.


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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.

Andrea Sunseri

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


10-Step Guide To Financing Your Dream Home

The home of your dreams is within reach. Discover how to navigate the financing journey with our handy guide.

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5 Factors Raising Your Home Insurance Premiums

There are some things you can do to keep your costs down without sacrificing the coverage you need.

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Rent vs. Buy: Which Is Best in an Affordable City?

Before you start hunting for landlords or lenders in your dream downtown, consider these factors.

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How a Bad Home Inspector Can Jeopardize a Sale

A bad home inspector can hurt both sides of the real estate equation. Here are a few ways to protect yourself against an unqualified home inspector.

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9 Things Buyers Regret Overlooking

With so many details to track when buying a home, items can slip through the cracks. Avoid buyer’s remorse by focusing on these nine things.

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Existing Home Statistics

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