Laura and Larry Swinden

RE/MAX Suburban

1344 S. Milwaukee Avenue
Libertyville, IL 60048


Cell: 847-845-6826   
Phone: 847-557-8540 
Fax: 847-336-0969

Housing Trends

December 2014

View archives


What’s the value of
your home?

Use our tools
to find out

Neighborhood reports

Market Snapshot

Get a detailed report showing market trends in your neighborhood, including recent listings, sales prices and average time on market.

Get a report

Community reports

Powered by realtor.com®

Enter a ZIP code to create a report. Enter a second ZIP to compare two communities.

View statistics on population, education, housing, transporation, income, employment, net worth, cost of living and climate.

Compare amenities such as public services, places of worship, recreation and leisure facilitles, shopping and restaurants.

Get a report
MoveOneform

Find a Mover

Find a Mover

Type of Move

Move date

Moving From Zip

Moving To Zip

Size of Move


Mortgage rates

Powered by thefinancials.com

Mortgage calculator

Market Snapshot

Get a detailed report showing market trends in your neighborhood, including recent listings, sales prices and average time on market.

Get a report

Rent vs buy

How big is an acre? What is an option?
Do I need hazard insurance?

Take a look at our real estate glossary to learn definitions of common words and phrases used in the industry.

Learn more

National market update

Existing-Home Sales Lose Momentum in November as Inventory Slightly Tightens

WASHINGTON (December 22, 2014) – After hitting their highest level of the year, existing-home sales slid in November as housing supply showed some tightening, according to the National Association of Realtors®. All major regions experienced a decline in sales compared to a month earlier.

Read more

NAR Identifies Top Metro Areas Poised for Uptick in Baby Boomer Home Sales

WASHINGTON (December 10, 2014) – Metro areas with a lower cost of living and sunnier weather are poised to see an increased number of baby boomers moving in and buying a home as some delay retirement and remain participants in the labor market, according to new research by the National Association of Realtors®.

Read more

National housing indicators

Existing home sales (December)

4.93 millions units*

Existing home median price (December)

$205,300

Housing Starts (December)

1.028 millions units*

New home sales (December)

4.58 millions units*

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

National economic indicators

Home ownership

3rd Qtr 2014

+64.4%

3rd Qtr 2013

+65.3%

The homeownership rate in the third quarter 2014 was 64.4 percent, down 0.9 (+/- 0.4) percentage points from the third quarter 2013 rate of 65.3 percent. The homeownership rates in the Northeast, Midwest and South were lower than the rates in the third quarter 2013, while the rate in the West was not statistically different from the rate a year ago.

New home sales

November 2014

-1.6*%

October 2014

-2.2*%

Sales of new single-family houses in November 2014 were at a seasonally adjusted annual rate of 438,000. This is 1.6 percent (+/- 12.3%)* below the revised October 2014 estimate of 445,000.

Source: U.S. CENSUS BUREAU

How much is your home worth? Get a real-time report on the value of your home. Start now

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 150 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.

Laura and Larry Swinden

Home Ownership matters…to people, to communities, and to America. Why? • For every two homes sold, one job is created in the U.S. • Each purchase generates as much as $60,000 in economic activity over time. Read more

Buying is now cheaper than renting in 74 percent of the nation’s largest cities. Low home prices and “rock-bottom” interest rates as well as tax advantages of homeownership are the reasons why it’s now cheaper to BUY a 2-bdrm home than to rent one. Check out this CNN Money article with the details. Read more

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

Image

5 Housing Market Predictions for 2015

With an accelerating economic recovery fueling job and income growth, prospects are good for homeowners and would-be home buyers.

Read more

Image

Top 10 Hot Housing Markets to Watch in 2015

Realtor.com® Chief Economist Jonathan Smoke offered up his top 10 picks for 2015—the places where we can expect to see strong housing growth, affordable prices and fast-paced sales.

Read more

Image

10 Questions to Ask Your Mortgage Lender

A house is likely your most valuable asset, so it’s a good idea to know as much as possible about your mortgage before you rush toward closing day.

Read more

Image

8 Benefits of Buying a House at Year’s End

Summer may be real estate’s busy season, but winter offers great opportunities for buying a house.

Read more

Image

10 Perfect Gifts for a New Homeowner

Housewarming gifts don’t have to be homemade brownies or a "Home Sweet Home” cliché.

Read more

Existing Home Statistics

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