Christina Starner

Watson Realty Corp.

175 Hampton Point Drive
St. Augustine, FL 32092


Cell: 904-214-6296   
Phone: 904-214-6296 
Fax: 904-230-6809

Housing Trends

November 2017

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National market update

Existing-Home Sales Inch 0.7 Percent Higher in September

WASHINGTON (October 20, 2017) — After three straight monthly declines, existing-home sales slightly reversed course in September, but ongoing supply shortages and recent hurricanes muted overall activity and caused sales to fall back on an annual basis, according to the National Association of Realtors®.





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U.S. Cities With the Fastest-Growing Incomes

The unemployment rate in the U.S. hit 4.2% in September 2017, according to Bureau of Labor Statistics. This is the lowest it’s been in a decade, since the start of the Great Recession. While a low unemployment rate is important, rising incomes matter more for American families. SmartAsset examined the most recent income data to find the U.S. cities with the fastest-growing incomes.





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National housing indicators

Existing home sales (Sep)

5.39 millions units*

Existing home median price (Sep)

$245,100

Housing Starts (Sep)

1.127 millions units*

New home sales (Aug)

0.560 millions units*

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

National economic indicators

Home ownership

3rd Quarter 2017

63.9%

2nd Quarter 2017

63.7%

The homeownership rate of 63.9 percent was not statistically different from the rates in the third quarter 2016 (63.5 percent) or the second quarter 2017 (63.7 percent).

New home sales

August 2017

-3.4%%

September 2017

+18.9%

Sales of new single-family houses in September 2017 were at a seasonally adjusted annual rate of 667,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 18.9 percent (±19.0 percent)* above the revised August rate of 561,000 and is 17.0 percent (±22.4 percent)* above the September 2016 estimate of 570,000.

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.

Christina Starner

Thank You for helping us make 2011 such a Succesful Year. We are looking forward to another AMAZING Year in 2012! Please contact us for all of your Real Estate needs and questions (904) 214-6296. We are on Facebook, please Like us at www.Facebook.com/SeeStarner. Read more

As the year 2011 comes to an end, we would like to Thank You for your business. Your referrals are our Greatest Compliment. Thank You. If you or anyone you know is looking to Buy - Sell - or Rent, please feel free to contact us anytime at (904) 214-6296 or CStarner@TopProducer.com. Have a Happy and Safe Holiday Season! The Starner Team.

Thank You for helping us to make 2010 a successful year for The Starner Team! If you know of anyone looking to Buy, Sell or Rent - please do not hesitate to contact us. My family and I appreciate your referrals, they are the Greatest Compliment we can receive. Wishing you and yours a Blessed Holiday Season and a Happy New Year! Read more

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Existing Home Statistics

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