Housing sales in Louisiana are being seriously impacted by the double-punch of the BP oil disaster and the expired federal tax credit. Before the oil hit the southern coastal region of the state progress was building in the wake of the devastating destruction left in the wake of Hurricane Katrina five years ago. However, now… Continue reading 2010 Louisiana Housing Market
2010 Ohio Housing Market
Pushed by the federal tax credit, home buyers got off the fence to purchase homes earlier than they would have usually, but in Ohio the expiration of the tax credit may be having a huge impact on Ohio housing markets. The tax credit, intended to some how push the housing market into a recovery has… Continue reading 2010 Ohio Housing Market
2010 Montana Housing Market
Protected by more conservative mortgage lending standards and less outside influences, Montana’s housing markets haven’t crashed like many other areas of the country. Few foreclosures and lower priced homes have had a stabilizing impact. But the slowdown in home sales is nagging at markets. Housing sales slowed in most of the state and then got… Continue reading 2010 Montana Housing Market
2010 Maine Housing Market
The Maine housing market, aided by federal tax credits for first time buyers has seen home sales rise. But those who work the market wonder if it was just a temporary shot in the arm to push markets forward. Maine home sales rose as a result of government efforts, but have already begun to show… Continue reading 2010 Maine Housing Market
2010 Hawaii Housing Market
As the second biggest vacation home market in the country right behind Florida, Hawaii has seen major ups and downs in real estate cycles, but it’s mainly been upward until the financial crisis slammed its markets. Fallout from the crash in housing is likely to have a lingering hold on Hawaii. But bargain priced properties… Continue reading 2010 Hawaii Housing Market
2010 Texas Housing Market
Higher job losses and growing business failures are contributing to slower housing markets in Texas, despite exceptions. New home construction and weak demand trouble markets as home sales slow. Sales rose as a result of the federal tax credit for home buyers, but slowed as a result of the program ending. Although the losses in… Continue reading 2010 Texas Housing Market
2010 South Carolina Housing Market
Hampered by rising job losses and high numbers of foreclosures South Carolina housing markets are trying to reach a balance. But an onslaught of residents fleeing the state for new job opportunities is causing havoc with any sort of recovery. Bargain hunters seeking to close transactions before the government imposed deadline to take advantage of… Continue reading 2010 South Carolina Housing Market
2010 North Dakota Housing Market
It may have a reputation for cold winters, but if you’re looking for a job North Dakota might be the place to look first. Driven by the best employment rate in the nation and one of the lowest foreclosure rates, North Dakota is making its way out of the national housing downturn with little fanfare.… Continue reading 2010 North Dakota Housing Market
2010 Maryland Housing Market
A stronger job base than many other regions of the country should help boost Maryland’s housing markets over the next year. As the financial crisis enters its third year, housing prices in most of Maryland are moving down with high foreclosures making an impact, despite a diversified employment market. Maryland ranks tenth in the nation… Continue reading 2010 Maryland Housing Market
2010 Arkansas Housing Market
Home sales haven’t exactly been flying in Arkansas, but sales rose in the first part of the year thanks to the home buyers’ tax credit only to slow after the expiration of the federal credit. In a state that’s been less affected by the real estate crash than most, prices on homes have still been… Continue reading 2010 Arkansas Housing Market