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Homes Near Partick Henry High School

March by the Numbers

New home sales continued to turn in disappointing performance, while lay-offs were at historic lows, and incomes were on the rise.

New Home Sales

New home sales took a plunge in March, with completed transactions of new, single-family homes dropping 1.5 percent to an annual rate of 511,000, according to a joint report from the Census Bureau and the Department of Housing and Urban Development. That said, compared annually, March’s new home sales marked a 5.4 percent increase over March 2015’s rate of 485,000.

Looking at price and supply, the median sales price of new homes sold in March was $288,000, and the average sales price was $356,200. The estimated number of new homes for sale at the end of March totaled 246,000, which represented a 5.8-month supply of homes at March’s sales rate.

The big hope was that seasonal sales increases will help turn around new home sales’ recent disappointments.

“While new home sales have lost some luster in recent months, we believe they will re-accelerate as we head into [the] spring season,” noted Gregory Daco, head of U.S. macroeconomics at Oxford Economics, in a public statement.

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Initial Jobless Claims

Lay-offs ticked up, but remained at lows not seen since the 1970s. First-time claims for unemployment benefits filed by the newly unemployed during the week ending April 23 hit 257,000, a gain of 9,000 claims over the preceding week’s level of 248,000, the Employment and Training Administration reported. This marked the 60th straight week of initial claims below 300,000 — a level that economists associate with a growing job market — which is the longest streak at that level since 1973.

The four-week moving average — which is regarded as a more reliable measure of job losses — dropped to 256,000, a decline of 4,750 claims from the previous week’s average of 260,750 claims.

“We’re seeing things in the labor market hold up well,” Wells Fargo Securities LLC Economist Sarah House told Bloomberg. “Businesses are feeling pretty comfortable with where the economy is going, so they don’t feel like they have to make those cuts.”

Homes under $350,000

Incomes and Spending

Personal incomes saw welcome news in March: a 0.4 percent increase to $57.4 billion for the month, with disposable personal income (DPI; income after taxes) also growing 0.4 percent to $50.4 billion, according to last week’s report from the Bureau of Economic Analysis.

Personal consumption expenditures (PCE) grew 0.1 percent to hit $12.8 billion. Personal outlays — which combine PCE, personal interest payments, and personal current transfer payments — grew $11.2 billion in March.

Wages and salaries rose to $29.2 billion in March, with private wages and salaries growing $26.3 billion. Supplements to wages and salaries grew by $5.4 billion in March.

Personal saving — which is DPI less personal outlays — grew to $735.5 billion in March, with the personal saving rate — which describes personal saving as a percentage of DPI — increased to 5.4 percent. This week we can expect:

  • Monday — Construction spending for March from the Census Bureau.
  • Tuesday — Car and truck sales for April from the auto makers.
  • Wednesday — First quarter productivity from the Bureau of Labor Statistics; March factory orders from the Census Bureau.
  • Thursday — Initial jobless claims for last week from the Employment and Training Administration.
  • Friday — March consumer credit from the Federal Reserve; April payrolls, unemployment, average workweek and hourly earnings from the Bureau of Labor Statistics.

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Homes Near Patrick Henry High School

By: J.R. Thrasher of San Diego Real Estate Veterans Lic# 01888955

Find homes for sale near Patrick Henry High School in San Carlos. Our For Sale property information is a direct feed from the San Diego MLS and is updated multiple times per day.

The homes near Patrick Henry High School in San Carlos have easy access to schools, shopping, trails and parks. You will love coming home to the Homes near Patrick Henry High School in San Carlos every day!

To find out what your home near Patrick Henry High School in San Carlos is worth, fill out this simple form.

Awesome Schools

To get local school scores and more information about the Elementary, Middle and High schools serving the San Carlos area, check out San Carlos School Reports on my website.

Super Convenient San Carlos Location

Homes Near Patrick Henry High School
Homes Near Patrick Henry High School

Patrick Henry High School in San Carlos.

This location offers convenient access to several parks, trails, grocery stores and shopping malls.

.5 miles to the Shopping Center

1-2 miles to the coast

2.4 miles to San Carlos High School

13 miles to Downtown San Diego

15 miles to San Diego International Airport

Find out about everything that is nearby to Patrick Henry High School in San Carlos including places of worship.

The homes near Patrick Henry High School in San Carlos are a great place to call home. You will not be disappointed if you end up living here. You can find homes for sale near Patrick Henry High School in San Carlos (if there are any available today) as well as all available San Carlos homes for sale on my website.

Affordable Low and No Down Payment Options

Homes near Patrick Henry High School in San Carlos are approved for several types of financing with low or no down payment required.  Find out what programs you qualify for.  VA Zero Down Financing approved, FHA financing approved, Conventional Financing approved.  Learn more about How To Buy A House With A Low Down Payment In San Carlos.

Free Market Report For The Homes Near Patrick Henry High School in San Carlos

The data used this Free Market Report is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you’re a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.

Call or email anytime to discuss how this information can benefit you!

Thank you for reading about the Homes Near Patrick Henry High School in San Carlos!

 

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