Real Estate Market Data Resources
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.
Note: Visitors who use the following links may leave the HomeTeamPower Web site to visit the content of other private industry or government Web sites not within the control of this Site and who may not adhere to our strict privacy policies. Further, furnishing such links does not constitute endorsement any individual, organization, sponsor, view, item, product, or service referenced at the linked Web site. We cannot attest to the accuracy of information provided by these Web sites.
Mahoning Valley Housing Report
Mahoning Valley Housing Report™ (MVHR) from RE/MAX Valley Real Estate. Every market is local. We track the housing market in the Mahoning Valley (Mahoning, Trumbull, and Columbiana Counties). Key Performance Indicators updated monthly.
The Associated Press - RE/MAX Monthly Housing Report
The Associated Press - RE/MAX Monthly Housing Report™ 
The RE/MAX Monthly Housing Report is a joint venture between the Associated Press and RE/MAX International. This 55-city report is released on or about the 25th of each month. The RE/MAX Monthly Housing Report seeks to be the most comprehensive housing report available.
Weekly Indicator Calendar Watch
Survey this table each week for economic indicators important to the value of real estate in Ohio's Mahoning Valley.
House Price Index (HPI).
House Price Index (HPI). The FHFA monthly index (formerly called the 
OFHEO Monthly House Price Index), is calculated using purchase prices of houses backing mortgages that have been sold to or guaranteed by Fannie Mae or Freddie Mac. The index, introduced in the fourth quarter 2007, provides a timely indicator of house price conditions for the nation and each of the nine Census Divisions.
There is also a calculator that will estimate the value of your home based on the average home price appreciation for your area.
Monthly Interest Rate Survey (MIRS)
Monthly Interest Rate Survey (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.
PMI Economic and Real Estate Trends (ERET)
PMI Economic and Real Estate Trends 
(ERET) containing the US Market Risk Index is published quarterly by PMI Mortgage Insurance Co., a subsidiary of The PMI Group, Inc. (NYSE: PMI). 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.
University of Michigan's Index of Consumer Sentiment (MSCI)
(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.Index of Leading Indicators (The Conference Board)
Leading |
Conventional Mortgage Home Price Index (CMHPI)
(CMHPI) (from Freddie Mac) provides a measure of typical price inflation for houses within the United States. Values are calculated quarterly at five levels of geographical aggregation: Metropolitan Statistical Area (MSA), state, Census division, and national.S&P/Case-Shiller Home Price Indices
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.NAR - Pending Home Sales Index
from The National Association of REALTOR's (PHSI) is released during the first week of each month. 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.NAR - Existing Home Sales Series
also from the National Association of REALTOR's s 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.The NAHB-Wells Fargo Housing Market Index (HMI)
is based on 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 and asks builders to rate traffic of prospective buyers. Scores for each component are then used to calculate a seasonally adjusted index indicating sales conditions as good to poor.NAHB/Wells Fargo Housing Opportunity Index (HOI)
The National Association of Home Builders tracks the affordability of housing through its Housing Opportunity Index (HOI). It maintains data from metro levels, to regional listings, to 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 | $54,900 |
| Median Sale Price | $78,000 |
| National Rank (Large Metros) | 1 |
| National Rank (All Metros) | 5 |
| Regional Rank | 4 |
The Mortgage Bankers Association (MBA)
(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.ISM Report On Business® Manufacturing
Economic Indicators.gov
is brought to you by the Economics and Statistics Administration at the U.S. Department of Commerce. This site provides timely access to the daily releases of key economic indicators from the Bureau of Economic Analysis and the U.S. Bureau of the Census. Here you will find monthly data on New Residential Construction and New Residential Sales.Real Estate Industry News
Follow these links for the most up-to-date U.S. real estate news.
See Also
www.housingeconomics.com offers more information regarding housing starts, statistics, and forecasts from National Association of Home Builders (NAHB).
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: Use "Absorption Rate" To Help Sell Your Home More Quickly
Ohio Association of REALTORS , is continuously compiling housing statistics from local real estate boards.
Trend Line
Mahoning Valley Housing Report™
(x100) Median Home Price
6 Month
Mortgage Rate Trend
Real Estate Radio News
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