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

August 2018

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National market update

Existing-Home Sales Subside 0.6 Percent in June Share

WASHINGTON (July 23, 2018) — Existing-home sales decreased for the third straight month in June, as declines in the South and West exceeded sales gains in the Northeast and Midwest, according to the National Association of Realtors®. The ongoing supply and demand imbalance helped push June’s median sales price to a new all-time high.





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These Outdoor Features Will Boost Your Home's Value

Get the most out of your outdoor space during the warm months with these awesome added features. They're not just an indulgence—they're an investment!





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National housing indicators

Existing home sales (June)

5.38 millions units*

Existing home median price (June)

$276,900

Housing Starts (June)

1.173 millions units*

New home sales (May)

0.689 millions units*

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

National economic indicators

Home ownership

1st Quarter 2018

64.2%

2nd Quarter 201

64.3%

The homeownership rate of 64.3 percent was not statistically different from the rate in the second quarter 2017 (63.7 percent) nor from the rate in the first quarter 2018 (64.2 percent).

New home sales

April 2018

-1.5%

May 2018

+6.7%

Sales of new single-family houses in May 2018 were at a seasonally adjusted annual rate of 689,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 6.7 percent (±14.1 percent)* above the revised April rate of 646,000 and is 14.1 percent (±19.9 percent)* above the May 2017 estimate of 604,000.

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.

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.

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Existing Home Statistics

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