Markets are beginning to rebound in terms of the downturn in housing in Washington, but the major bounce back that many have optimistically hoped for doesn’t seem to have much of a chance of materializing in the near future. Pushed by the federal tax credit, home sales experienced a strong rebound only to fizzle once… Continue reading 2010 Washington Housing Market
2010 Michigan Housing Market
Driven by the lowest home prices in decades, the Michigan housing market has little chance of ever catching up with home prices that residences were once selling for but markets have made compelling improvements over their disastrous fall-outs. The “Big 3” auto companies re-hiring of thousands of workers should eventually help the state recover. As… Continue reading 2010 Michigan Housing Market
2010 Vermont Housing Market
Driven by a slow housing market Vermont home prices dipped slightly, but are the least affected by the financial crisis in the nation. The state had the lowest number of creative adjustable rate and subprime mortgages made by national bankers in the boom resulting in the nation’s lowest foreclosure rate. It isn’t any coincidence that… Continue reading 2010 Vermont Housing Market
2010 Rhode Island Housing Market
Battered by one of the highest unemployment rates in the country, Rhode Island is suffering through one of the worst housing depressions in the nation. Unemployment levels are projected to top 14%, and as more job losses occur foreclosures will follow suit. Rhode Island lawmakers are trying to come up with solutions to the long… Continue reading 2010 Rhode Island Housing Market
2010 Missouri Housing Market
Housing deflation is slowing in Missouri as home sales climb, but the lower drop in home prices does not correlate to a stronger housing market yet. The global financial crisis is impacting mortgage lending in Missouri, which is projected to take a long while yet to get out of its funk. Battered by falling home… Continue reading 2010 Missouri Housing Market
2010 Wyoming Housing Market
A booming economy has been slowed in Wyoming by the national recession, a slower housing market and a downturn in the energy business. But unlike areas that experienced massive explosive growth in housing prices, Wyoming is holding its own in the housing bust and isn’t projected to feel the long wrenching pain in pricing deflation… Continue reading 2010 Wyoming Housing Market
2010 Oregon Housing Market
As one of the hardest hit states in the country in terms of foreclosures, Oregon will receive $88-million to aid homeowners in the foreclosure crisis. However, slow federal government efforts to help troubled homeowners caught in the crisis will do little to help tens of thousands already losing their homes to bankers. High unemployment, a… Continue reading 2010 Oregon Housing Market
2010 Wisconsin Housing Market
Sales rose with the federal home buyer tax credit, but then deteriorated quickly when the incentive expired in Wisconsin. However, housing values are sliding throughout the state at some of the lowest rates in the country. In Wisconsin sales were pushed into an early season rebound of sorts by the tax credit, especially in Milwaukee,… Continue reading 2010 Wisconsin Housing Market
2010 Nebraska Housing Market
Following a slow down after the federal government’s housing stimulus effort expired, the Nebraska real estate market saw little change. There are few worries in this corn-belt state about its housing markets, which remain some of the steadiest in the country. The fast money lending that developed else where in the nation with Alt-A mortgages… Continue reading 2010 Nebraska Housing Market
2010 New Hampshire Housing Market
New Hampshire might be best known for having the first presidential primary in election years, but the state may also soon gain a reputation for dodging much of the fallout of the financial crisis. As the unemployment rate climbs in many areas of the country, New Hampshire is holding its own on the job front… Continue reading 2010 New Hampshire Housing Market