Sharon Fritsche

Sharon Fritsche, Broker

24 Wickerbay St
Houston, TX 77080


Cell: 713-303-8160   
Phone: (713) 303-8160 
Fax: (713) 468-4699

Housing Trends

October 2010

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National market update

Pending Home Sales Show Another Gain

Washington, October 04, 2010 - Pending home sales have increased for the second consecutive month, according to the National Association of Realtors®. The Pending Home Sales Index* rose 4.3 percent to 82.3 based on contracts signed in August from a downwardly revised 78.9 in July. More... Read more

Homeownership and Stable Communities Go Hand-in-Hand

Washington, August 12, 2010 - Homeowners are more active in their communities, benefit from improved education opportunities, and report higher levels of self-esteem and happiness when compared to renters, according to leading research. More... Read more

National housing indicators

Existing home sales ()

4.13 million units*

Existing home median price ()

$178,600

Housing Starts ()

598,000 units*

New home sales ()

288,000 units*

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

National economic indicators

Home ownership

2nd Qtr 10

66.9%

2nd Qtr 09

67.4%

The homeownership rate in the second quarter 2010 (66.9 percent) was lower than the second quarter 2009 rate (67.4 percent). In the South and West, the homeownership rates were lower than a year ago, while the Northeast and Midwest showed no significant change from corresponding second quarter 2009 rates.

New home sales

Aug 10

+0.0%

July 10

-7.7%

Sales of new one-family houses in August 2010 were at a seasonally adjusted annual rate of 288,000. This is unchanged from the revised July 2010 estimate of 288,000.

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.

Sharon Fritsche

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

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10 Reasons Homeownership is a "Good Thing"

Have you ever heard the expression about turning lemons into lemonade? Well more than ever before here's your lemonade being served to you in a silver goblet. These 10 reasons make it smart to buy now. More...
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See What $50 Million Buys You

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7 Tips for Saving Energy in the Laundry Room

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Evaluate Your House for a Home Office

When planning a home office remodel, consider the specific needs of your profession for space, light, storage, technology, and security. If you’re looking for a remodeling project that will make your house more salable in the future, a home office may well be it. More... Read more

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Pellet-Burning Fireplace Inserts Use Renewable Energy and Provide Convenience

A pellet-burning fireplace insert makes an open fireplace more efficient and convenient, and lets you burn renewable fuel. Here are the advantages, disadvantages, and costs. More...
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Existing Home Statistics

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