IreneLockel

Netter Real Estate

404 Montauk Highway
West Islip, NY 11795


Cell: 516-410-5944   
Phone: 631-661-5100 (116)
Fax: 631-587-HOME

Housing Trends

Jun2011

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National market update

NAR Grants Help Make Home Ownership an Affordable Opportunity

Washington, May 31, 2011 - Seventeen local and state Realtor® associations have been awarded over $60,000 through the Housing Opportunity Program Grants, a National Association of Realtors® grant program. The funds will be used by the associations to promote and expand affordable housing opportunities in their communities. More... Read more

National housing indicators

Existing home sales ()

4.81*

Existing home median price ()

$166,500

Housing Starts ()

560,000 units*

New home sales ()

323,000 units(April)*

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

National economic indicators

Home ownership

1st Qtr 11

66.4%

4th Qtr 10

66.5%

The homeownership rate in the first quarter 2011 (66.4 percent) was lower than the first quarter 2010 rate (67.1 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 the corresponding first quarter 2010 rates.

New home sales

Apr 11

+7.3%

Mar 11

+8.3%

Sales of new one-family houses in April 2011 were at a seasonally adjusted annual rate of 323,000. This is 7.3 percent above the revised March 2011 estimate of 301,000

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.

Irene D Lockel

The 2nd 2018 edition of American Luxury Magazine is here! Vol. X No.2 Featuring Properties Offered by Netter Real Estate "Serving Long Island's South Shore Since 1949" Netter Real Estate properties are featured on the front, inside front, inside back and back covers and pages 40-41. Please contact me to schedule an appointment to see any of these Read more

The Netter Team is EXPANDING to the beach...Ocean Beach, Fire Island NY...check out our location next to Scoops ice cream...Coming SUMMER 2018! Read more

Here is the 1st Edition of American Luxury Estates Vol.1 No.1 Netter Real Estate proudly featured properties on the cover/inside cover, inside back cover and back cover. Additionally see pages 16-17 for more featured properties. For information on any of these homes, please contact me. Read more

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Consumer tips & hot properties

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Home Improvements that Pay Off

Today's Buyers are Less Willing to Compromise

The temptation is strong: Clean up the yard, de-clutter the house, and put it on the market without spending time and money sprucing the place up for sale. This is especially the case if you anticipate losing money on the sale. More...
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Existing Home Statistics

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