Raul Aponte

Pinnacle Estate Properties, Inc.

10328 Sepulveda Blvd.
Mission Hills, CA 91345


Cell: 818-262-1662   
Phone: 818-365-0677 (338)
Fax: 818-583-1724

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 (November)

5.26 million units*

Existing home median price (November)

$208,300

Housing Starts (November)

1.009 millions units*

New home sales (November)

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 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.

Raul Aponte

Children are the "invisible victims", as foreclosures not only can cause emotional trauma, but also interfere with a child’s educational development. Researchers also have found a connection between rising foreclosures and an increase in medical visits for mental health, such as anxiety, or preventable conditions such as high blood pressure.

Great News for homeowners in distress, Governor Brown signed a new law that will allow homeowners to short sale their properties and not pay a deficiency on junior liens. California Law is allowing Homeowners in distress to short sale and get a fresh start. For more information on this and any related topic contact me directly 818-262-1662 Read more

Loan Modifications won't help homeowners in the long run, they help only the Bank and/or investors that owned the Loan. The terms are temporary and will go back to what they used to be before the mod, eventually homeowners will have to pay a balloon payment on unpaid balance. For more info on how Loan Mods are a rip off contact me 818-262-1662 Read more

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Existing Home Statistics

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