| | Position yourself as a real estate expert. This collection of resources – Web sites, reports and presentations – helps you stay on top of the real estate market. |
| Mahoning Valley Housing Report (MVHR)™  From RE/MAX Valley Real Estate, Boardman, Ohio. The best source for information about the Mahoning Valley (Mahoning, Trumbull, and Columbiana Counties). Statistics on median home prices, absorption rates, days on market and more.  The RE/MAX National Housing Report is a 55-city report is released around the 25th of each month for the previous month. The RE/MAX National Housing Report seeks to be the most comprehensive housing report available.
► . The FHFA monthly index (formerly called the OFHEO Monthly House Price Index), is calculated using purchase prices of houses with mortgages sold to or guaranteed by Fannie Mae or Freddie Mac. The index provides an indicator of house price conditions for the nation and each of the nine Census Divisions. There is also a calculator estimates the value of your home based on the appreciation of the average home price for your area. ► (MIRS) The survey provides monthly information on interest rates, terms, and house prices by property type and by lender type, as well as information on 15- and 30-year fixed-rate loans. In addition, the survey provides quarterly information on conventional loans by major metropolitan area and by FHL Bank district.  This report contains the US Market Risk Index, and is published quarterly by PMI Mortgage Insurance Co. The Risk Index is a statistical model that measures geographic house price risk by predicting the probability that home prices in the nation's 381 largest metropolitan statistical areas will be lower in two years. (MCSI) uses telephone surveys to gather information on consumer expectations regarding the overall economy, including housing. It is believed that if consumers are confident in their own finances, they are more apt to make large purchases, including houses, in the near future. is an index to estimate future economic activity. It is published by The Conference Board, which tracks ten key variables that are said to turn downward before a recession and upward before an expansion. Although, not right on every occasion, the index has proved valuable in predicting recessions over the past 50 years. U.S. Economic Indicators | | | The Conference Board |
(from Freddie Mac) provides a measure of typical price inflation or houses within the United States. Values are calculated quarterly at five levels of geographical aggregation: Metropolitan Statistical Area (MSA), state, Census division, and national. The Indices are calculated monthly using a three-month moving average and published with a two month lag. New index levels are released at 9am EST on the last Tuesday of every month. A REALTOR® is a good source for finding out the status of your local housing market. Ask him/her for an estimate of the "absorption rate" for your market area to see how quickly your home could sell. See: , is continuously compiling housing statistics from local real estate boards. NAR Housing Indicators | | | National Association of REALTORS® |
Released during the first week of each month by the It is designed to be a leading indicator of housing activity. The PHSI Index tracks signed real estate contracts for existing single-family homes, condos and co-ops. Modeling for the PHSI looks at the monthly relationship between existing-home sale contracts and transaction closings over the last four years. Also from the The Existing Home Sales Series the premier measurement of the residential real estate market. On or about the 25th of each month, NAR releases statistics on sales and prices of existing single-family homes for the nation and the four regions. These figures include condos and co-ops, in addition to single-family homes. NAHB Housing Indicators | | | National Association of Home Builders |
A monthly survey of National Association of Home Builders members designed to take the pulse of the single-family housing market. The NAHB/Wells Fargo HMI gauges builder perceptions of current single-family home sales and sales expectations for the next six months as either good, fair, or poor. The survey also asks builders to rate traffic of prospective buyers from very high to very low. A seasonally adjusted index is calculated such that any number over 50 indicates that more builders view sales conditions as good rather than poor. . The National Association of Home Builders tracks the affordability of housing through its Housing Opportunity Index (HOI). It maintains data from metro, regional, and national reports. You can also learn more about how the interest rate affects housing affordability.
| Housing Affordability Index - 2nd Quarter 2011 |
| Youngstown-Warren-Boardman, OH-PA | | Share of Homes Affordable for Median Income: |
93.7% |
| Estimated Median Family Income: |
$54,9500 |
| Median Sale Price: |
$78,000 |
| National Rank (Lg. Metro) |
1 |
| National Rank (all Metros) |
5 |
| Regional Rank: |
4 |
New Home sales are actually a statistic released by the U.S. Dept. of Housing and Urban Development and the U.S. Census Bureau, but will be commented on each month by NAHB via news release . offers more information regarding housing starts, statistics, and forecasts from National Association of Home Builders (NAHB). (MBA) is the national association representing the real estate finance industry. MBA publishes its Weekly Mortgage Applications Survey with a Market Composite Index, a measure of mortgage loan application volume, and a Refinance Index. (New and Trends Center) Here you will find the latest foreclosure trends along with the U.S. Foreclosure Market Report™. from the Institute for Supply Management™ (ISM) is the largest supply management association in the world as well as one of the most respected. ISM publishes the monthly Manufacturing report which is an indication economic activity in the manufacturing sector.  The (ESA) is the bureau within the where economic and social change is chronicled, understood, and explained. Many political and business decisions are based upon the economic and demographic information produced by the , , and . - Informative up-to-date articles covering all phases and types of real estate. Updated daily. Industry News - Follow these links for the most up-to-date U.S. real estate news.
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| Home ● About RE/MAX ● Career Opportunities ● Contact Us ● Home Search | | The RE/MAX franchise network is a global real estate system of franchisee owned and operated real estate offices and their affiliated independent professionals. RE/MAX affiliates lead the industry in professional designations, experience and production. RE/MAX Valley Real Estates is licensed in the State of Ohio, is an Equal Opportunity Employer and supports the Fair Housing Act. Copyright © 2008. RE/MAX Valley Real Estate. All rights reserved.
Revised: 12/23/08. |
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