Rob Drakeley

DRAKELEY REO's

PO BOX 1200
Southbury, CT 06488


Cell: 855-355-6767   
Phone: 855-355-6767 

Housing Trends

November 2010

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

NAR Home Buyer and Seller Survey Shows Value of Long-Term Home Ownership

New Orleans, November 05, 2010 - Home buyers today have affirmed a long-term view of home ownership, the typical seller is experiencing positive returns and the vast majority of home owners see their property as a good investment. More... Read more

Pending Home Sales Slip but Modest Recovery Expected in 2011

New Orleans, November 05, 2010 - Pending home sales retreated after two monthly gains, signaling an uneven recovery entering 2011 with some near-term disruptions from the foreclosure moratorium, according to the National Association of Realtors®. More... Read more

September Existing-Home Sales Show Another Strong Gain

Washington, October 25, 2010 - Existing-home sales rose again in September, affirming that a sales recovery has begun, according to the National Association of Realtors®. More... Read more

National housing indicators

Existing home sales ()

4.53 million units*

Existing home median price ()

$171,700

Housing Starts ()

610,000 units*

New home sales ()

307,000 units*

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

National economic indicators

Home ownership

3rd Qtr 10

66.9%

3rd Qtr 09

67.6%

The homeownership rate in the third quarter 2010 (66.9 percent) was lower than the third quarter 2009 rate (67.6 percent). In the South and West, the homeownership rates were lower than a year ago, while the Northeast and Midwest showed no significant change from corresponding third quarter 2009 rates.

New home sales

Sept 10

+6.6%

Aug 10

+1.1%

Sales of new one-family houses in September 2010 were at a seasonally adjusted annual rate of 307,000. This is 6.6 percent above the revised August 2010 estimate of 288,000.

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.

Drakeley REO's service the REO industry exclusively! We guide first time home buyers through the process of purchasing a bank owned home or REO. With 21 years in the Real Estate retail industry & recent years as a Mortgage Loan Consultant, we are here to help, and service the public when it comes to purchasing or selling a bank owned asset. Read more

Our New Exclusive REO Real Estate Company. Selling Bank Owned Homes throughout Connecticut Exclusively for the Banks and Asset Managers Read more

Rob's a resident of Southbury & member of Sacred Heart Church w/an active role @ Pomperaug Elementary as Class Dad & PTO. RE Broker since 1997 & loan originator since 2012, NMLS#336022. Certified Distressed Property Expert. Member of Woodbury & Southbury Business Associations. Council of Residential Specialists. University of Miami class of 1995. 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

Estate Tax, Tax Credits, Flood Insurance: An Update on Tax Issues

With such a heavy focus on financial legislation in a significant mid-term election year, here’s a handy guide to what’s happening with the estate tax, energy tax credits, and flood insurance. More...
Read more

Image

Opening and Closing a Vacation Home

Don’t neglect to budget time and money for opening and closing a vacation home before the season starts and after it ends. More...
Read more

Image

Converting to a Gas Furnace from an Oil Furnace Costs a Bundle Up Front, Saves Money Each Month

Converting from an oil furnace to a gas furnace will cost you a bundle to install, but will save you real money each month. More...
Read more

Image

Mikhail Barryshnikov Lists Home Over-looking Hudson

Priced at $4 Million, Barryshnikov's Rockland County Sneden's Landing home is for sale. Purchaed in 1981 and renovated, the home is charming. More... Read more

Image

Planting Your Fall Garden Tips

WSJ offers 10 tips to maximize your Fall garden and minimize mistakes. More...
Read more

Existing Home Statistics

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