O'Conor & Mooney Realtors

O'Conor & Mooney Realtors

2333 W. Joppa Road
Lutherville, MD 21131


Cell: 410-321-8800   
Phone: 410-321-8800 
Fax: 410-321-6292

Housing Trends

August 2016

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 Steam in July

WASHINGTON (August 24, 2016) — Slowed by frustratingly low inventory levels in many parts of the country, existing-home sales lost momentum in July and decreased year-over-year for the first time since November 2015, according to the National Association of Realtors®. Only the West region saw a monthly increase in closings in July.



Read more

The Best Time to Invest Is Now?

Columnist Jeff Reeves with MarketWatch says right now is the best time ever to invest in real estate. He discounts fears by some about another housing crisis brewing – the uptick in "liar loans” or "Alt-A mortgages” and return of house flipping. He says any such bubble fears amount to "a lot of hogwash.



Read more

National housing indicators

Existing home sales (July)

5.39 millions units*

Existing home median price (July)

$244,100

Housing Starts (July)

1.211 millions units*

New home sales (June)

0.654 millions units*

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

National economic indicators

Home ownership

1st Qtr 2016

+63.5%

1st Qtr 2015

+63.7%

The homeownership rate of 63.5 percent was 0.2 percentage points (+/-0.4)* lower than the first quarter 2015 rate (63.7 percent) and 0.3 percentage points (+/-0.4)* lower than the fourth quarter 2015 rate (63.8 percent).

New home sales

May 2016

+6.0%

April 2016

+16.6%

Sales of new single-family houses in May 2016 were at a seasonally adjusted annual rate of 551,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 6.0 percent (±12.8%)* below the revised April rate of 586,000, but is 8.7 percent (±14.6%)* above the May 2015 estimate of 507,000.

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 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.

O'Conor & Mooney Realtors

Washington, DC, September 21, 2011 Existing-home sales increased in August, even with ongoing tight credit and appraisal problems, according to the National Association of Realtors®. Monthly gains were seen in all regions. Total existing-home sales, rose 7.7 percent to a rate of 5.03 million in August... Read more

Good News!! Washington, May 12, 2011 - Economy & Affordability Drive Home Sales Growth Home higher than last year, even without the benefit of the home buyer tax credit. This is due to sustained economic growth, the slowly recovering jobs picture, and high affordability conditions, said NAR Chief Economist Lawrence Yun at the NAR mid year meeting. Read more

March 10, 2011 Rockville, MD –(March 10, 2011) – According to data released today by RealEstate Business Intelligence (RBI), an MRIS company, the Baltimore metro area housing market showed gains in pending home sales in the first two months of 2011, reaching its highest level since April 2010 when the federal homebuyer’s tax credit expired. Read more

See older entries

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

Bubble Watch: Should We Be Worried?

With home prices rising faster than inflation, many are wondering whether the housing market is heading for another crash. We analyzed the situation in top cities across the nation.


Read more

Image

The Worst Home-Buying Advice People Actually Believe

Thinking of buying a home? If you hear any of these "wise words" from well-meaning friends or family, just tune them out.


Read more

Image

Deep-Clean These 12 Things Before Summer Ends

The hot season is the best time for major cleaning projects. Here's how to get them done before the days get shorter.


Read more

Image

How to Spark a Bidding War for Your Home

The housing market may be hot, but that doesn't necessarily mean that buyers will be competing for your home.


Read more

Image

Backyard Landscaping Ideas You Can't Resist

Fire pits, ponds, and butterfly gardens–here are the outdoor features that will make you wish you never had to come inside.


Read more

Existing Home Statistics

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