Rob Drakeley

DRAKELEY REO's

PO BOX 1200
Southbury, CT 06488


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

Housing Trends

September 2015

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 Stall in August, Prices Moderate

WASHINGTON (September 21, 2015) — Following three straight months of gains, existing–home sales dipped in August despite slowing price growth and a positive turnaround in the share of sales to first–time buyers, according to the National Association of Realtors®. None of the four major regions experienced sales increases in August.

Read more

Closing Process Changes: What To Expect

New mortgage disclosure rules will take effect Oct. 3, and lenders and real estate brokerages are quickly preparing for what has been predicted to be big changes to home closings.

Read more

National housing indicators

Existing home sales ()

5.31 millions units*

Existing home median price ()

$228,700

Housing Starts ()

1.126 millions units*

New home sales ()

0.507 millions units*

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

National economic indicators

Home ownership

2nd Qtr 2015

+63.4%

2nd Qtr 2014

+64.7%

The homeownership rate in the second quarter 2015 was 63.4 percent, down 1.3 (+/- 0.4) percentage points from the second quarter 2014 rate of 64.7 percent. The homeownership rates in the Northeast, Midwest, South and West were lower than the rates in the second quarter 2014.

New home sales

August 2015

+5.7%

July 2015

+12.0%

Sales of new single-family houses in August 2015 were at a seasonally adjusted annual rate of 552,000. This is 5.7 percent (+/- 16.2%)* above the revised July 2015 estimate of 522,000.

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

You'll Never Guess What's Hot in Your Home State

Wet bars in Kansas, hot tubs in Oregon, or kiva fireplaces in New Mexico... We combed through more than 1.5 million home listings to discover the features that make each state stand out.

Read more

Image

More Money, More Problems: When a Big Down Payment Could Spell Trouble

When it comes to down payments, most experts will tell you more is better. But that's not always the case.

Read more

Image

7 Things Your Home Inspector Wishes You Knew

Whether you're buying or selling a home, here's how to approach the inspection.

Read more

Image

The Surprising Things Your Movers Won’t Move

You'd better take care of these things before moving day, because movers won't touch them.

Read more

Image

5 Financial Lessons Learned From the Housing Crisis

The crash is in our rearview mirror, but don't get too comfortable—heed these crucial things before you buy a home.

Read more

Existing Home Statistics

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