Strong home sales and lower average home prices are driving the Pennsylvania housing market out of its modest downturn, with appreciation forecast to develop in most of the state by the end of the year. The Pennsylvania housing market has seen little change in many regions of the state compared to other areas of the… Continue reading 2012 Pennsylvania Housing Market
Category: 2012 Housing Market
2012 Ohio Housing Market
Homes are selling for less than they did a decade ago in many places in Ohio as the tough economy, weak demand and high unemployment trouble the region. But home prices aren’t falling as much as they have been in Ohio and aren’t forecast to decline as much in 2012. The federal home buyers’ tax… Continue reading 2012 Ohio Housing Market
2012 Massachusetts Housing Market
Mortgage holders who took out home loans at the height of the housing market are quietly walking away from homes in growing numbers in Massachusetts as the foreclosure crisis shifts into high gear. The crippling impact of foreclosures has affected few neighborhoods as severely in Boston like others in the U.S., but is projected to… Continue reading 2012 Massachusetts Housing Market
2012 Wyoming Housing Market
Rich coal laced energy fields combined with growth in manufacturing are pushing Wyoming housing markets higher, despite economic troubles elsewhere. Home sales are rising in most of the state along with housing prices, which are being aided by record low mortgage rates. Home prices in the state’s largest city of Cheyenne are seeing healthy gains… Continue reading 2012 Wyoming Housing Market
2012 Missouri Housing Market
Homeowners in default on their mortgages and underwater mortgage holders trouble the housing markets in Missouri, pressuring home prices as foreclosures pile-up. Distress sales are increasing in most of the state even as many residents leave its major cities to seek work elsewhere. Foreclosures are a major issue in St. Louis, home to the Mississippi… Continue reading 2012 Missouri Housing Market
2012 Georgia Housing Market
For more than a decade Georgia boomed in most areas of the state and was one of the fastest growing regions in the U.S. but a bottom to the housing market appears to be developing in some areas, indicating that after years of negative news the area finally has something to look forward to in… Continue reading 2012 Georgia Housing Market
2012 Illinois Housing Market
Big job losses and business closings contribute to conditions in Illinois real estate markets as homeowners who have lost their jobs are learning that bankers’ are just around the corner to foreclose. The U.S. foreclosure crisis is devastating Illinois’ economy as mortgage holders flee their homes unable to reach modification agreements with their banks. The… Continue reading 2012 Illinois Housing Market
2012 Florida Housing Market
The housing market is finally making a turn around in Florida, despite the state being racked by one of the highest foreclosure rates in the U.S. Miami home and condo sales are reaching record numbers monthly as the city plays host as the nation’s major ambassador to cash rich vacation home buyers. Condominium and home… Continue reading 2012 Florida Housing Market
2012 New York Housing Market
Economic turmoil, high state taxes and sluggish home sales make it likely that any sort of a recovery in the New York City housing market is a long way off, but real estate markets outside of the metro area are already experiencing better times. Sliding home sales in the Burroughs of New York, telegraph housing… Continue reading 2012 New York Housing Market
2012 Rhode Island Housing Market
Propelled by low mortgage rates, home sales are beginning to improve in Rhode Island almost five years after the real estate market collapsed. The growing sale of homes is being driven by a combination of lower home prices, low interest rates and housing affordability. Housing prices have been falling since the market hit its peak… Continue reading 2012 Rhode Island Housing Market