Judy Graff

Aaroe + Williamson

14242 Ventura Blvd.
Sherman Oaks, CA 91423

Cell: 818-370-4837   
Phone: 818-783-7721 
Fax: 818-783-7211

Housing Trends

September 2015

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National market update

Existing-Home Sales Stall in August, Prices Moderate

WASHINGTON (September 21, 2015) — Following three straight months of gains, existing–home sales dipped in August despite slowing price growth and a positive turnaround in the share of sales to first–time buyers, according to the National Association of Realtors®. None of the four major regions experienced sales increases in August.

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Closing Process Changes: What To Expect

New mortgage disclosure rules will take effect Oct. 3, and lenders and real estate brokerages are quickly preparing for what has been predicted to be big changes to home closings.

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National housing indicators

Existing home sales (August)

5.31 millions units*

Existing home median price (August)


Housing Starts (August)

1.126 millions units*

New home sales (August)

0.507 millions units*

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

National economic indicators

Home ownership

2nd Qtr 2015


2nd Qtr 2014


The homeownership rate in the second quarter 2015 was 63.4 percent, down 1.3 (+/- 0.4) percentage points from the second quarter 2014 rate of 64.7 percent. The homeownership rates in the Northeast, Midwest, South and West were lower than the rates in the second quarter 2014.

New home sales

August 2015


July 2015


Sales of new single-family houses in August 2015 were at a seasonally adjusted annual rate of 552,000. This is 5.7 percent (+/- 16.2%)* above the revised July 2015 estimate of 522,000.


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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 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.

Judy Graff

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

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5 Financial Lessons Learned From the Housing Crisis

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Existing Home Statistics

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