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HUD Releases 2009 American Housing Survey

by RIS Media

Most families with young children live within a mile of a public elementary school. The most common home heating fuel in the U.S. is gas. Only a third of American homes have a working carbon monoxide detector. These are just some of the findings of a comprehensive national sample of the more than 130 million residential housing units released recently by the U.S. Department of Housing and Urban Development.

HUD's 2009 American Housing Survey (AHS) provides one of the most thorough views inside the homes of millions of Americans and reveals everything from the square footage of the unit to how many homes have front porches, garages or even usable fireplaces. First conducted in 1973, the survey’s long-term design allows analysts to trace the characteristics of U.S. housing units and their occupants. For example, the 2009 survey reveals that significantly more American homes are larger and have more bedrooms and bathrooms than homes 37 years ago. In addition, homes of 1973 were significantly less likely to have central air conditioning and other amenities considered commonplace today.

"This important survey provides us a clear picture of the American home and its occupants," said Dr. Raphael Bostic, HUD's Assistant Secretary for Policy Development and Research. "The housing crisis makes clear the need for continued collection of high quality housing data to help us understand housing markets. The numbers behind this survey not only provide valuable information on the composition of our housing stock, but they also help us monitor the mortgage markets, measure worst-case housing needs and inform our policy choices."

The 2009 AHS includes enhanced data for five metropolitan areas: Chicago, Detroit, Philadelphia, New York and Northern New Jersey. For the first time ever, the AHS also includes data on disability status of household members. The new AHS also includes two independent metropolitan surveys of New Orleans and Seattle. Last conducted in 2004, the New Orleans survey in particular will provide an in-depth progress report of the redevelopment of the metro area following the hurricanes of 2005.

There are 130,112,000 residential housing units in the U.S.; 86% of these are occupied. The median age of ‘the American home’ is 36 years, though the survey finds that homes newly constructed since the 2007 AHS are generally larger, more expensive, have more bedrooms and bathrooms and are more likely to include amenities such as central air conditioning. Some of the other key findings of the 2009 AHS include: 68% of U.S. homes are owner-occupied; 51% are located in suburban areas; 29% in central cities; and 20% outside metropolitan areas; and 18% are located in the Northeast; 23% in the Midwest; 37% in the South; and 22% in the West.

Unit size
-The median size of an occupied home is 1,800 square feet (compared to 1,610 in 1985, the earliest year this information was collected), with owner-occupied units being larger than renter-occupied ones. Newer Homes are also usually larger, with a median size of 2,300 square feet.

-Median lot size for single-family homes, including mobile homes, is 0.27 acres (compared to 0.36 acres in 1973) with owner-occupied units generally having more land than renter-occupied ones.

Rooms

-Most homes (53%) have six or more rooms, with owner-occupied units generally having more rooms than renter-occupied ones. In 1973, only 39% of homes had six or more rooms. Newly constructed homes generally have more rooms – 65% have six or more rooms.

-Most homes have three or more bedrooms (64% compared to just 48% in 1973). -New homes generally have more bedrooms – 80% of them have three or more bedrooms.

-More than half of U.S. homes (51%) have two or more bathrooms compared to just 19% in 1973. Again new units have more bathrooms, with 89% of them having two or more bathrooms.

Equipment

-All units have a refrigerator and kitchen sink and almost all homes (99%) have a cooking stove or range. Overall, 98% of units have a full kitchen.

-The most commonly used cooking fuel is electricity (60%) followed by piped gas (35%).

-Two-thirds of the homes (66%) have a dishwasher, 51% have a disposal in the kitchen sink and 3% have a trash compactor. New units are more likely to have these amenities.

-More than eight in ten homes have a washing machine (84%) and clothes dryer (81%).

-About two-thirds of U.S. homes (65%) have central air-conditioning and another 21% have window units – new units are more likely to have central air-conditioning (89%). By contrast, only 17% of U.S. homes had central A/C in 1973 although 30% contained window units.

-About nine in 10 homes (93%) reported a smoke detector while 36% reported having a working carbon monoxide detector.

Heating

-About two-thirds of U.S. homes use warm-air furnace for heating; 12% use an electric heat pump; and 11% use steam or hot water system.

-The most commonly used home heating fuel is piped gas (51%) followed by electricity (34%), though new units are more likely to use electricity.

Plumbing

-Almost all units (99%) have complete plumbing facilities.

-The most commonly used fuel for heating water is piped gas followed by electricity.

-More than eight in ten units (88%) receive water from a public system or private company, and the remaining units received water from wells.

-More than nine in ten households rated their water as being safe.

-Eight in ten units use the public sewage disposal system and 20% use a septic tank, cesspool or chemical toilet.

Amenities

-Most homes have a telephone (98%), porch, deck, balcony or patio (85%) and a garage or carport (66%).

-About half (48%) have a separate dining room and three in ten units (30%) report two or more living rooms or recreation rooms.

-About one-third (35%) have a usable fireplace.

-New construction is more likely to have all these amenities.

Neighborhood

-95% of units are located close to a grocery or drug store, and 97% of residents with access were satisfied with the stores near them.

-Slightly more than half of U.S. homes (54%) are located near public transportation, with about seven in ten of the residents (71%) living in these units saying that they live within a 10 minute walk to such transportation. However, just 17% of households living near public transportation report using it for commuting or school.

-Most communities (90%) do not have secured entrances, though new construction is more likely to be in secured communities. Residents, overall, were satisfied with police protection in their communities (91%).

-Most residents reported that their neighborhoods did not have vandalized buildings (88%), barred windows (84%), and trash, litter or junk (89%). However, 40% of residents said that their streets needed repairs.

-Nearly half the households (45%) had access to community amenities such as a community center or clubhouse, trails, golf, daycare, shuttle bus or private beach or park area.

-Noise from traffic was a problem reported by almost one-quarter of residents (23%), though fewer residents of new construction found this to be a problem (15%).

-Six in ten households with children under the age of 14 years (60%) said that there was a public elementary school within one mile of their homes.

-Less than one in ten households with someone 55 years or older (7%) reported living in an age-restricted community.

For more information, visit
www.hud.gov.

 

RISMEDIA, July 6, 2010

Ulster County Real Estate Sales Statistics

by Team Ulster

The statistics shown below were taken from the Ulster County Multiple Listing Service.  

Comparing sales from January 1, 2010 through July 15, 2010 with sales from the same time period in 2009, there has been an increase of 160 homes sold, a 33.6% increase.  The average sale price decreased from $240,296 to $235,503, a 2% decrease.  The median sale price increased from $206,730 to $209,875, a 1.5% increase. Sales increased for homes in every price category, except for the lowest and highest priced homes, those priced under $100,00 and over $501,000.

When you compare sales for the January 1, 2010 through July 15, 2010 with sales from 2008, there have been appreciable drops in average and median sale prices.  The average sale price dropped from $300,999 to $235,503, a 27.8% decrease.  The median sale price dropped from $245,000 to $209,875, a 16.7% decrease.

The average and median sale price for 2010 is slightly lower than what it was in 2004!  But with prices remaining fairly stable for the past year and a half, perhaps we have hit the bottom of the market.  

  

Ulster County Multiple Listing Sales Stats 1/1/2001 - 7/15/2010
Year Number of Average sale Median sale
  units sold price price
2001 660 $170,241 $137,000
2002 1544 $185,400 $150,000
2003 1526 $216,119 $180,000
2004 1786 $250,572 $215,000
2005 1883 $279,239 $245,000
2006 1657 $283,288 $247,000
2007 1563 $300,742 $250,000
2008 1200 $288,758 $239,200
2009 1184 $241,065 $209,000
2010 YTD 636 $235,503 $209,875

 

Year Number of Average sale Median sale
1/1/10 - 7/15/10 units sold price price
  636 $235,503 $209,875
Low sold 20,000    
High Sold 2,150,000    
0-$100,000 53    
$101K - $200K 184    
$201K - $300K 163    
$301K - $400K 70    
$401K - $500K 24    
$501 - 1mill 17    
1mill + 2    
% over $1M 0.003% % under $300K

78.10%

 

 

Year Number of Average sale Median sale
1/1/09 - 7/15/09 units sold price price
  476 $240,296 $206,730
Low sold 23,500    
High Sold 1,300,000    
0-$100,000 61    
$101K - $200K 174    
$201K - $300K 132    
$301K - $400K 60    
$401K - $500K 19    
$501 - 1mill 26    
1mill + 4    
% over $1M 0.80% % under $300K 76.80%

 

Year Number of Average sale Median sale
1/1/08 - 7/15/08 units sold price price
  461 $300,999 $245,000
Low sold 20,000    
High Sold 3,200,000    
0-$100,000 28    
$101K - $200K 174    
$201K - $300K 200    
$301K - $400K 93    
$401K - $500K 46    
$501 - 1mill 41    
1mill + 13    
% over $1M 2.18% % under $300K 67.50%

 

The following chart is broken down by Ulster County town, for the period January 1, 2010 through July 16, 2010.  It lists the number of units sold, the average list price prior to sale, the average sold price, a comparison of these two figures, and the average days a listing is on market, beginning with the listing date and ending with the sold date.

Woodstock had the highest average list and sold prices for Ulster County, and the Village of Ellenville had the lowest average list and sold prices.  Rosendale had the highest ratio of sold price compared to list price, and Ellenville had the lowest ratio.  Marlborough had the highest number of days on market, and Hurley had the lowest.

 
LIST TO SELL RATIO BY TOWN, January 1, 2010  -  July 16th, 2010
TOWN UNITS AVERAGE AVERAGE % LIST AVE. DAYS
  SOLD LIST PRICE SOLD PRICE TO SELL ON MARKET
Denning 0 $273,766     0
Ellenville Village 7 $142,942 $127,700 89.34% 251
Esopus 34 $194,844 $183,840 94.35% 240
Gardiner 22 $323,572 $312,231   146
Hardenburgh 0 $150,000      
Hurley 41 $264,590 $248,571 93.95% 131
Kingston City 90 $174,345 $163,416 93.73% 186
Kingston Town 3 $253,800 $236,660 93.25% 169
Lloyd 35 $223,353 $212,011 94.92% 160
Marbletown 35 $350,080 $313,195 89.46% 178
Marlborough 6 $291,050 $276,166 94.89% 261
New Paltz 43 $310,013 $293,973 94.83% 136
Olive 24 $240,935 $226,820 94.14% 214
Out of County 67 $277,726 $259,300 93.37% 214
Plattekill 14 $229,364 $213,600 93.13% 187
Rochester 34 $237,585 $221,848 93.38% 221
Rosendale 17 $175,897 $170,620 97.00% 156
Saugerties Town 41 $267,621 $245,565 91.76% 172
Saugerties Village 10 $192,110 $182,350 94.92% 150
Shandaken 13 $238,476 $224,153 93.99% 189
Shawangunk 8 $287,943 $279,159 96.95% 140
Town of Ulster 35 $190,525 $180,775 94.88% 182
Wawarsing 16 $166,250 $151,368 91.05% 209
Woodstock 41 $393,170 $358,387 91.15% 176

Ulster County Real Estate Statistics from NAR

by NAR

The National Association of Realtors (NAR) puts together every six months, real estate statistics for Ulster County, New York, based on information they get from the Ulster County Board of Realtors, the Ulster County Multiple Listing Service, and the local and national government.  This includes statistics and information about real estate sales, mortgages, foreclosures, employment, and unemployment in Ulster County, New York

To see the full report from NAR, CLICK HERE.

Drive Score shows a map of what establishments are in a property’s neighborhood and calculates a Drive Score based on the number of places within a convenient driving distance. With Drive Score, buyers can see how close establishments are by car. Homes are often located in an area where restaurants, libraries, grocery stores, hospitals and other businesses are easier to get to by car than on foot.  To see the Drive Score for a particular address, click on this Drive Score link

Shawangunk Preserves Have Major Impact

by Mohonk Preserve

Three Shawangunk Ridge Park Preserves (Minnewaska, Mohonk Preserve and Sam’s Point) Have Local Impact of
$12.3 Million and More Than 350 Jobs

Conclusion: A study commissioned by the Minnewaska State Park Preserve, the Mohonk Preserve and the Sam’s Point Preserve determined that tourism and park/preserve operations generate a positive economic impact on the local area of $12.3 million and support 358 local jobs.  The study was conducted by Business Opportunities Management Consulting using economic impact models used by the National Park Service.

Background: The Shawangunk Ridge (Gunks) is a geologically unique branch of the Appalachian Mountains regionally famous as a destination for world-class rock climbing and other outdoor recreational activities.  In Ulster County, over 30,000 acres of the Gunks are protected, primarily as part of the Minnewaska State Park Preserve, the Mohonk Preserve and Sam’s Point Preserve.  These three entities have commissioned this economic impact study to quantify the benefits to the region associated with their operations and the tens of thousands of tourists that come to the Gunks each year.

To determine the impact that Minnewaska, Mohonk Preserve and Sam’s Point have on the region, the Money Generation Models (MGM) that were developed for estimating economic impacts for the National Parks Service were used.  The MGM models are able to estimate spending by visitors based on information about the number of visitors to each of the three preserves.  With additional information about local spending on park/preserve employees, operations and capital expenses, the models are able to calculate the economic impact and number of jobs supported in the local area.  

Economic impact is quantified in the form of the value added to the local economy.  The value added represents the sum total of the increased value to goods and services that is generated by the local activities being evaluated.  In so doing, the model captures those flows of money that go to local businesses and residents and backs out flows that go to businesses and individuals outside of the local area.  The MGM models also use sophisticated multipliers based on studies of national park operations to take into account the secondary effects resulting from recirculation of money spent by tourists, the park/preserves and park/preserve employees.  This includes the number of jobs supported by these secondary effects.  

Results: Using information from the three entities and applying the MGM models provided the following information about the impact of Minnewaska, Mohonk Preserve and Sam’s Point on the local economy:

  • Annual visitors to Minnewaska, Mohonk Preserve and Sam’s Point: 392,695
  • Annual spending by visitors to Minnewaska, Mohonk Preserve and Sam’s Point: $13,051,000
  • Annual local sales taxes generated by visitors to Minnewaska, Mohonk Preserve and Sam’s Point: $459,000
  • Total economic impact of Minnewaska, Mohonk Preserve and Sam’s Point on the local economy: $12,307,593
  • Number of local jobs supported by Minnewaska, Mohonk Preserve and Sam’s Point: 358


Of the total $12.3 million in economic impact, $4.5 million is from the effects of spending on park/preserve operations by the three organizations and $7.8 million is generated by the spending of visitors to the three entities.

Economic Impact

Of the total 358 jobs supported by the three entities, 242 are the result of visitors to the area, 63 are employed by the park/preserves and 53 are supported by park/preserve operations spending.

Local Jobs

The above economic impact estimates were generated by the Money Generation Models (MGM) using 2009 visitor and financial information (most recent available fiscal year) from Minnewaska State Park Preserve, Mohonk Preserve and Sam’s Point Preserve.

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Contact Information

Photo of Laurel Sweeney Real Estate
Laurel Sweeney
Berkshire Hathaway HomeServices Nutshell Realty
1209 State Route 213, PO Box 452
High Falls NY 12440
Office: 845-687-2200
Toll Free 877-468-5783
Fax: 845-687-4162

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