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September 2018 Market Update!

This Month in Real Estate

September 2018 Market Update
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Monthly VideoAccording to the National Association of REALTORS®, existing-home sales subsided for the fourth straight month in July to their slowest pace in over two years. In many areas, potential buyers may be priced out or finding a limited amount of available homes for sale in their desired neighborhood.
Interest Rates
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Interest RatesAccording to Freddie Mac, 30-year fixed rates decreased from 4.52 percent to 4.51 percent. This rate remains well below the historical average of 8.90 percent.
Home Sales
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Home Sales Graph
The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of approximately 5.34 million homes during the month of July. This was a decrease of 0.7 percent from June and a decrease of 1.5 percent from July of last year.
Home Prices
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Home Price Graph
The median home price increased to $269,600 in July, which was down 1.5 percent from June and up 4.5 percent from July of last year. The median home price has increased by approximately $11,500 in the past year alone.
Inventory
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Inventory Graph
There was a 4.3-month supply of housing inventory in July, which has been stable since June. The total number of available homes for sale has increased by 2.4 percent compared to July of last year.
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Brought to you by KW Research. For additional graphs and details, please see the This Month in Real Estate PowerPoint Report.The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources. You should not treat any opinion expressed on This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. All information presented herein is intended and should be used for educational purposes only. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. All investments involve some degree of risk. Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate.
 

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Christine Kalmbach REALTOR

Keller Williams Realty Platinum

832-755-2954
281-856-0808

Click here to download my mobile app!
christinekalmbach@kwrealty.com
ChristineKalmbach.kwrealty.com
Copyright 2018 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated. 
Keller Williams Realty Platinum | 19708 Northwest Fwy Ste 2800 | Houston | TX | 77065-5628
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You will Only have to List Once when you list with Christine! Call me now at 832.755.2954 to get your home sold!
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9 Surefire Signs You’ve Outgrown Your Home

When you first moved into your house, you probably felt like the king or queen of your castle. But over time, as you began to accumulate everything from furnishings and appliances to children and pets, your home may seem to have shrunk.

While the square footage hasn’t changed, your living space has likely undergone a significant downsizing with so many other people and things fighting for house room.

Wondering if there’s a move in your immediate future? Check out these 9 signs you’ve outgrown your home.

Read more here: 9 Surefire Signs You’ve Outgrown Your Home! 

Outgrown your home?Need to upsize? Let’s chat! Contact me at ckalmbach@kw.com 

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August 2018 Newsletter by Christine Kalmbach

2018-08-27 22.59.42-Edit-1-3 Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view the Housing Trends August 2018 Newsletter:
http://realtorck4u.housingtrendsenewsletter.com

The Housing Trends eNewsletter contains the latest information from the National Association of real estate professional, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is also filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, housing market video reports, blogs, real estate glossary, maps, mortgage rates and calculators, consumer articles, community reports that map shopping, schools, recreation and more.

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:
http://realtorck4u.housingtrendsenewsletter.com/homeworth.cfm

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your real estate professional in the future.

Sincerely yours,

Christine Kalmbach
Keller Williams Platinum
19708 Northwest Fwy #2800 Houston TX 77065
281-856-0808 | 832-755-2954
ckalmbach@kw.com

(While I hope you find the information contained in this eNewsletter useful and informative, if you wish to no longer receive it, you may click on the “unsubscribe” link at the bottom of the newsletter.)

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