Terry Kraemer

Prudential Gary Greene

1939 W Gray St Ste 100
Houston, TX 77019

Cell: 713-834-4649   
Phone: (713) 961-1722 ( )
Fax: (713)961-0903

Housing Trends

August 2011

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National market update

Second Quarter Metro Area Prices Mixed with Little Change

Washington, DC, August 10, 2011 - Lawrence Yun, NAR chief economist, said home prices have been moderating. "Median home prices have been moving up and down in a relatively narrow range in many markets, which shows a stabilization trend”. More...

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Housing Affordability at Highest in 20 Years

Housing affordability continued to be near record highs in the second quarter, hovering near its highest level in the 20-plus years it has been recorded, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. More...

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National housing indicators

Existing home sales ()

4.67 million units*

Existing home median price ()


Housing Starts ()

604,000 units*

New home sales ()

312,000 units (June)*

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

National economic indicators

Home ownership

2nd Qtr 11


1st Qtr 11


The homeownership rate in the second quarter 2011 (65.9 percent) was lower than the second quarter 2010 rate (66.9 percent). The homeownership rates in all four regions were lower than their corresponding second quarter 2010 rates

New home sales

June 11


May 11


Sales of new one-family houses in June 2011 were at a seasonally adjusted annual rate of 312,000. This is 1.0 percent below the revised May 2011 estimate of 315,000.


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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.

Terry Kraemer

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Consumer tips & hot properties


ZaZa Gabor's Estate is Finally For Sale

Take a peak inside ZaZa's French Estate listed for $15 Million. It's 50% less than she and hubby, Frederic Prinz von Anhalt, had planned to list the property for before their REALTOR explained the market trends and their need for quick sale because of her medical bills. More...

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No Sweat: Programmable Thermostats Save on Energy Costs

Advanced programmable thermostats give you precise control over your heating and cooling, helping to reduce wasted energy. More... Read more


What's a $15.5 Million View?

Ever dreamed of moving down under? Well, here's something to dream about! Sydney's famous Skyhouse definitely has a $15.5M view. More...
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Why Your Green Home Improvements Aren’t Paying Off

Forget big savings on your energy bills if you make green home improvements. Instead, choose green retrofits and home improvements that offset rising energy prices. More... Read more


Wondering Where to Start to Create the Perfect Home Office?

Inc.com's Lauren Folino says, "Whether you are the owner of a home-based business, a virtual worker, or you simply want to establish a space in your home to handle the demands of your off-site business, carving out a home office can help you be more productive...". More...
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Existing Home Statistics

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