By Kim Olson With the economy slowly recovering and the housing market still soft it’s a prime time to buy real estate to invest in if you’re looking to get into the market. It might surprise you to know that some of the hottest places in the country to historically buy real estate are now… Continue reading Where to Invest in Real Estate
Category: 2011 Housing Market
Americans Divided Over Halting Foreclosures
By Kevin Chiu Despite the enormous financial damage it would do to the U.S. economy, Americans are divided over whether the record flood of foreclosures should be halted. That’s the stunning conclusion derived from the latest Housing Predictor poll. With foreclosures at all-time record levels, a divide has grown over the foreclosure crisis like perhaps… Continue reading Americans Divided Over Halting Foreclosures
2011 North Dakota Housing Market
It may seem like an unlikely candidate for a boom, but in the western out-posts of North Dakota an oil boom is taking place that has led to a major housing shortage and it’s driving the local economy. Thanks to a lack of major national lenders, little subprime financing and Alt-A mortgages North Dakota missed… Continue reading 2011 North Dakota Housing Market
2011 Florida Housing Market
Facing the worst real estate crash in U.S. history, the Florida housing market is seeing home prices drop at a pace that hasn’t been seen since the early 1920s before the Great Depression. Despite a surge in home and condominium sales as a result of the federal tax credit, values on homes and condos throughout… Continue reading 2011 Florida Housing Market
2011 Utah Housing Market
Homeowners forced to walk away from their homes and other mortgage holders who are losing confidence in home prices ever recovering from their slide, contribute to record high foreclosure rates in Utah, which is suffering through the foreclosure crisis despite better employment opportunities in some areas. Foreclosures and bank assisted short sales of troubled homes… Continue reading 2011 Utah Housing Market
2011 Nebraska Housing Market
Anchored by one of the three best state employment rates in the U.S., Nebraska housing markets are combining the energy of higher employment, growth in agriculture and financial industries to recover long before the majority of the nation in the real estate bust. Job losses in the insurance industry and specifically home insurance are contributing… Continue reading 2011 Nebraska Housing Market
2011 Iowa Housing Market
The housing market hasn’t been great in Iowa since the nation’s economy started falling, but it just hasn’t been bad either. Markets are in balance with just a few months supply of housing inventory in most areas of the state. Iowa is one of those rare states that is forecast to actually see home price… Continue reading 2011 Iowa Housing Market
2011 Pennsylvania Housing Market
Demand for homes that are affordably priced is pushing Pennsylvania’s housing market towards stabilizing ahead of most of the U.S. However, home sales drifted southward after the federal home buyer tax credit expired putting a crimp on the state’s markets that will have to be worked through with the financial crisis before things fully recover.… Continue reading 2011 Pennsylvania Housing Market
2011 Vermont Housing Market
Sheltered by better employment conditions and the lowest number of foreclosures for any state in the U.S., Vermont is making its way through the financial crisis with few headwinds. Vermont is also sustaining the tough national economy without experiencing a real estate crash. However, the housing market hasn’t been fully void of the recession but… Continue reading 2011 Vermont Housing Market
2011 Wisconsin Housing Market
Slumping home sales, rising foreclosures and more short sales are holding back housing markets from entering a recovery in Wisconsin, despite healthier levels of unemployment in most of the state and near record low mortgage rates. Declining home prices are being driven by a lack of demand as consumers wait-out the real estate crash. Sales… Continue reading 2011 Wisconsin Housing Market