Kenya Burrell, Realtor

Burrell Holtzapple Neal Properties

2428 Brentwood
Houston, TX 77019


Cell: 281-444-7800   
Phone: 281-444-7800 
Fax: 713-490-9035

Housing Trends

November 2014

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National market update

Home Sales Expected to Improve in 2015, but Some Headwinds Still Remain

NEW ORLEANS (November 7, 2014) – Existing-home sales are expected to be higher next year and prices will remain at a healthier level of growth that benefits both buyers and sellers, according to an economic forecast at a residential forum during the 2014 Realtors® Conference & Expo.

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Existing-Home Sales Rise in October, First Year-Over-Year Increase since October 2013

WASHINGTON (November 20, 2014) – Existing-home sales rose in October for the second straight month and are now above year-over-year levels for the first time in a year, according to the National Association of Realtors®.

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National housing indicators

Existing home sales ()

5.26 million units*

Existing home median price ()

$208,300

Housing Starts ()

1.009 millions units*

New home sales ()

4.67 millions units*

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

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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 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.

Kenya Burrell. Realtor

HOUSTON — (February 15, 2011) — Houston's housing market heated up in January, recording the first increase in property sales since 6/10. Pricing increased in the first month of the new year, with the average price of single-family homes reaching the highest level ever for a January in Houston. Link-http://www.har.com/mls/dispPressRelease.com Read more

The debate continues for phasing out the mortgage home interest deduction, which allows taxpayers to subtract the interest they pay on their homes mortgages from their income. As a result, this provides a tax break to homeowners who are able to take this deduction. The link below provides more details about this tax break at risk. Read more

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Existing Home Statistics

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