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

October 2018

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National market update

Existing-Home Sales Remain Flat Nationally, Mixed Results Regionally

WASHINGTON (September 20, 2018) – Existing-home sales remained steady in August after four straight months of decline, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest canceled out downturns in the South and West.

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6 Home Renovation Myths to Stop Believing Before You Botch Things Up

Where do home renovation myths start? Maybe in the aisles of your local hardware store or parking lot of the lumber yard. They get traded back and forth and whispered to people who may actually believe the tall tales—until they find themselves sitting under a pile of splintered wood and drywall dust.

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National housing indicators

Existing home sales (August)

5.29 million units*

Existing home median price (August)


Housing Starts (August)

1.282 million unit*

New home sales (July)

0.627 million unit*

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

National economic indicators

Home ownership

1st Quarter 2018


2nd Quarter 2018


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

July 2018


August 2018


Sales of new single-family houses in August 2018 were at a seasonally adjusted annual rate of 629,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 3.5 percent (±13.7 percent)* above the revised July rate of 608,000 and is 12.7 percent (±20.7 percent)* above the August 2017 estimate of 558,000


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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


Got Lousy Credit? 10 Places Where It Won't Stop You From Buying a Home

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6 Things You'll Overhear at an Open House That Might Persuade You to Buy Now—or Run

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Want Instant Curb Appeal on the Cheap? These 6 Easy Tricks Will Cost You Under $200

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Early Bird Specials! America’s 10 Most—and Least—Expensive Retirement Towns

As tens of millions of baby boomers plan their retirement, they’re obsessing over where to live out their golden years—without giving up an active, social lifestyle.

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Existing Home Statistics

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