Market Statistics

Market Statistics

January Housing Starts

January Housing Starts

    In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the latest housing starts data. New home construction fell notably in January,
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Homebuyers Gaining Bargaining Power as Inventory Increases

Home values saw their smallest monthly increase since May 2012, up just 0.2 percent in January from December according to the latest Zillow Real Estate Market Reports. Year-over-year, U.S. home values rose 6.3 percent in January, down from peak gains of 7.1 percent in August 2013. This slowdown
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The Real Report February 2014

2013 Real Estate Sales Trends As you've no doubt heard, real estate sales improved across the nation in 2013. That meant good news for Santa Fe real estate sales as some buyers from our many feeder markets were successful in finally selling their homes and were able to make the move to their
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Average Sales 2002-2013, Units Sold and Price per Square Foot

2013 saw an increase in home sales and a stabilization of mid-range prices. The charts below show the number of units sold by price range and the average sales price per square foot by price
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January Housing on the Up

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury recently released the January edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data show progress among key indicators.
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Mobile: Picture Speaks 1,000 Words

Have you ever felt like you’re drowning in content? With so many news sources from TV, social media, email newsletters, RSS feeds and more, all often serving up the same information, you can’t help but to tune some of it out. You get into a groove of only opening your favorites, and skimming
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Elusive Private Mortgage Capital

For several years, we have heard policymakers lament that there is too much government involvement in the mortgage market and about the need to bring “private capital” back. While it is true that there is some government involvement in roughly 90 percent of mortgage transactions, nearly all of
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Consumers Feel Good about Mortgage Credit

More Americans now believe it would be easy for them to get a mortgage, according to Fannie Mae’s January 2014 National Housing Survey results. Consumer attitudes regarding the ease of getting a mortgage climbed 2 percentage points to an all-time survey high of 52 percent, while those who think
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Can Shadow Inventory Help Relieve Price Pressure?

Home prices grew at the fastest pace in seven years in 2013. This is good news for property owners, both homeowners and landlords, as they witnessed, on average, a $32,000 gain in housing equity over the past two years. The equity increase is an immediate financial gain for many. For others, it
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Consumer Confidence Shows Mixed Results

Measures of consumer confidence were mixed in the most recent release. The Conference Board reported that the Consumer Confidence Index increased by 3.2 points on a month-over-month seasonally adjusted basis in December to 80.7. Meanwhile, according to Thomson Reuters and the University of
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