New Home Sales – Page 3 – Rita Kerins-Neighborhood Expert Chicago Real Estate Broker

Supply Of New Homes At 6.1 Months Nationwide

According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide.

Behind The Housing Starts Headlines, The Story That Matters

Single-family housing starts climbed 4 percent last month to 470,000 units on a seasonally-adjusted, annualized basis. This is the highest number of Single-Family Housing Starts since April 2010 — the last month of last year’s home buyer tax credit.

New Home Sales Approach Bull Market Territory

According to the Census Bureau, the number of new homes sold rose 2 percent in November, taking the metric to a 7-month high.

New Home Supplies Fall To An 18-Month Low

If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.

New Home Inventory Keeps Sinking

Home builders continue to sell homes and work through inventory.

New Home Sales Figures Better Than Reported

According to the Census Bureau, the number of new homes sold slid for the fourth straight month in August, easing 2 percent from July. On a seasonally-adjusted, annualized basis, home buyers bought 295,000 newly-built homes last month.

New Home Supplies Remain Flat; Builders Not Over-Extending

Sales of newly-built homes slipped in July, falling 1 percent as compared to June. Home buyers closed on a seasonally-adjusted, annualized 298,000 units, the lowest reading since February.

As Buyer Foot Traffic Rises, So Does Homebuilder Confidence

According to the NAHB, October’s HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer’s weak new homes sales figures would otherwise suggest.

Contact Rita
773-807-2387
rita@ritaestate.com

Rita Kerins
Real Estate Advisor

A Chicago Native, Rita Kerins is a realtor who balances her tech-savvy skills, with the personal connection of seeing her clients from the start of their journey, all the way to the closing table.

“We truly enjoyed working with Rita. She really understands the Chicago real estate market and helped us reach our end goal of selling. She was very friendly, straightforward, attended every showing in person and constantly provided immediate feedback on every showing.” - Robert and Tanya Eckl

Rita approaches each client with a personal touch. She takes her time to understand their needs and communicates with them every step of the way. Rita truly enjoys the close interactions she has with her clients. Being with her clients when they find the perfect home or sharing the news that their home has sold are the moments that make her truly passionate about her job.

“Rita Kerins is what every buyer and seller needs. She is always there for her clients. At no step of the process did I have to wonder what was next, or feel terrified that I didn’t know what to do, because Rita explained what was going on and what to expect. I’ll always recommend Rita Kerins to all of my friends and co-workers and will ask her to be my agent whenever I go to sell my property and buy my next place. She’s that good!” - Johanna Gonzalez

Let her help you find your perfect home. Contact Rita today!

Designations and Awards

- Graduate of the Realtor Institute (GRI)
- Certified Luxury Home Marketing Specialist (CLMHS)
- Certified Social Media Marketer (CSM)
- Chicago Association of Realtors Top Producer Award Winner