BILL & DANIELLE GOTTFRIED

GOTTFRIED INTERNATIONAL ESTATES - REAL ESTATE INVESTMENT/DEVELOPMENT

1447 Tulane Street
Houston, TX 77008


Cell: 713-299-0653   
Phone: 713-299-0653 
Fax: 866-449-7098

Housing Trends

June 2015

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National market update

Existing-Home Sales Bounce Back Strongly in May as First-time Buyers Return

WASHINGTON (June 22, 2015) — Fueled partly by an increase in the share of sales to first-time buyers, existing-home sales increased in May to their highest pace in nearly six years, according to the National Association of Realtors®. Led by the Northeast, all major regions experienced sales increases in May.

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Midyear Report: The Housing Market Is on Track for Its Best Year Since 2006 (and It Ain’t a Bubble)

As we approach the midpoint of 2015, the residential real estate market is on track for its best year since 2006, the peak of the housing bubble. (This time, though, it’s no bubble.)

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National housing indicators

Existing home sales ()

5.35 millions units*

Existing home median price ()

$228,700

Housing Starts ()

10.36 millions units*

New home sales ()

5.17 millions units*

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

National economic indicators

Home ownership

1st Qtr 2015

+63.7%

1st Qtr 2014

+64.8%

The homeownership rate in the first quarter 2015 was 63.7 percent, down 1.1 (+/- 0.4) percentage points from the first quarter 2014 rate of 64.8 percent. The homeownership rates in the Northeast, South and West were lower than the rates in the first quarter 2014, while the rate in the Midwest was not statistically different from the rate a year ago.

New home sales

May 2015

+2.2*%

April 2015

+8.1*%

Sales of new single-family houses in May 2015 were at a seasonally adjusted annual rate of 546,000. This is 2.2 percent (+/- 16.7%)* above the revised April 2015 estimate of 534,000.

Source: U.S. CENSUS BUREAU

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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.

REAL ESTATE INVESTMENT & DEVELOPMENT IN TEXAS

We are excited to be representing our wonderful clients in Texas, including Houston, Mexico, Belize, the U.K., Spain, and France. Please contact us for information on luxury, residential, commercial, land, and agricultural properties, we thank you. Sincerely, Bill and Danielle Gottfried Houston, Texas tel: 713-299-0653 Read more

Bill and Danielle Gottfried, Brokers and REALTORS with GOTTFRIED INTERNATIONAL ESTATES, support luxury, residential, commercial, agriculture, and land investments in Texas, including in the Houston Metro Area. In addition, we work with international buyers and investors who are interested in real estate investment opportunities in Texas. Read more

We support agriculture and land investments in Texas. Bill Gottfried, our Broker, has been involved in agribusiness development for the past 30 years in the U.S., Mexico, Europe, Russia, Central Asia, the Middle East, and China. We formed the first U.S.-Kazakh agribusiness joint venture in Kazakhstan during the dissolution of the Soviet Union. Read more

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Existing Home Statistics

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