Frank Arteaga

Keyes Company

16001 sw 95th ave
Miami, FL 33157

Cell: 786-325-2326   
Phone: 305-779-1610 
Fax: 305-492-7579

Housing Trends

March 2018

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National market update

Existing-Home Sales Slip 3.2 Percent in January

WASHINGTON (February 21, 2018) — Existing-home sales slumped for the second consecutive month in January and experienced their largest decline on an annual basis in over three years, according to the National Association of Realtors®. All major regions saw monthly and annual sales declines last month.

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TCost-Conscious Buyers Are Flocking to These 10 Affordable, Midsize Cities

A severe housing shortage, sky-high home prices, and equally towering costs of living in the priciest cities are pushing wannabe home buyers to seek out smaller, more affordable metro markets around the nation.

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National housing indicators

Existing home sales (Jan)

5.38 millions units*

Existing home median price (Jan)


Housing Starts (Jan)

1.326 millions units*

New home sales (Dec)


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

National economic indicators

Home ownership

4th Quarter 2017


3rd Quarter 2017


The homeownership rate of 64.2 percent was not statistically different from the rates in the fourth quarter 2016 (63.7 percent) or the third quarter 2017 (63.9 percent).

New home sales

December 2017


January 2018


Sales of new single-family houses in January 2018 were at a seasonally adjusted annual rate of 593,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7.8 percent (±19.0 percent)* below the revised December rate of 643,000 and is 1.0 percent (±16.4 percent)* below the January 2017 estimate of 599,000


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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.

Frank Arteaga

Another year is ending and a New One Begins! I wish you a Healthy and Prosperous NEW YEAR! And remember I am always here to help you in any way I can concerning your Real Estate needs. Read more

Summer is almost over ! It has been a very Hot Summer in all ways temperature and Market. We are still very low on inventory my suggestion to you is if you see a Home you like don't think about it too long or you will miss the BOAT! As always I am here to assist you in anyway possible. Your Realtor Frank Arteaga

It's Fall which means we 3/4 of the way through 2013. It seems that just a few weeks ago we were celebrating the New Year! That being said it's time to make that move you've been thinking of. To you SELLERS as you've heard there are few homes for sale and prices are up! Buyers interest Rates are climbing every 1/2% increase you lose buying power. Read more

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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


Rent or Buy? 10 Places Where You'll Get the Most Bang for Your Buck

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Existing Home Statistics

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