Real estate professionals in Nevada are hopeful that the signs of a recovering market in 2012 will continue through 2013. In December, the Northern Nevada Business Weekly quoted Helen Graham, president-elect of the Reno-Sparks Association of Realtors, saying, “We had our strongest sales since 2005,¨ of 2012. ¨Optimism is high. We see all the trends… Continue reading 2013 Nevada Housing Market
Category: 2013 Housing Market
2013 Illinois Housing Market
According to economist Geoffrey J.D. Hewings, director of the Regional Economics Applications Laboratory and professor of Geography, Economics and Urban and Regional Planning for the University of Illinois, the state should experience home sale price recovery through 2013. In 2012, Illinois Realtor magazine interviewed Hewings regarding the future of Illinois real estate. The magazine asked… Continue reading 2013 Illinois Housing Market
2013 South Carolina Housing Market
South Carolina’s economy continues to limp along following the Great Recession, but pent-up demand from those seeking property is fueling a gradual real estate market recovery. The real estate markets in Columbia and South Carolina in general have improved consistently over the last 18 months. Sales are up, construction is up, and inventory is down.… Continue reading 2013 South Carolina Housing Market
2013 Minnesota Housing Market
With prices high and inventory low, Minnesota’s housing market is solidly on the rebound. “Home sales are at their highest level in three years, according to new national figures released on Thursday,” reported CBS Minnesota (“Realtors Expect a Bountiful Spring for Real Estate”) on March 21, 2013. “In Minnesota, the big story remains the lack… Continue reading 2013 Minnesota Housing Market
2013 Iowa Housing Market
The big real estate news in Iowa in 2013 is largely commercial- and farm-related. Forbes Magazine recently named Des Moines one of a handful of emerging downtowns, thanks to the city’s efforts to revitalize its commercial core. The distinction is focusing national attention on the city’s Principal Riverwalk, public art, and attempts to increase housing.… Continue reading 2013 Iowa Housing Market
2013 North Carolina Housing Market
Economists predict North Carolina will continue its weak recovery through 2013. However, real estate professionals are expecting the housing market to improve at a faster pace than that of the general economy. ¨While the state has been in recovering since July of 2009, it has been a weak recovery,” wrote University of North Carolina Charlotte… Continue reading 2013 North Carolina Housing Market
2013 Mississippi Housing Market
Despite widespread reports of a nationwide real estate market recovery, Mississippi continues to lag slightly behind. Forecasts call for an annual appreciation rate for single family homes in Mississippi’s residential housing market of 0.3 percent by September of 2013. However, in late March of 2013, Veros, a Santa Ana, Calif.-based predictive analytics firm, projected that… Continue reading 2013 Mississippi Housing Market
2013 Montana Housing Market
Big Sky Country is experiencing slow and steady real estate market growth. Through 2013, “the volume of single-family homes being sold should be up 10 percent to 15 percent in the eighth largest realtor associations in Montana: Billings, Bitterroot, Gallatin, Great Falls, Helena, Missoula, and the Northwest,” said John E.C. Lagerquist, a sales associate at… Continue reading 2013 Montana Housing Market
2013 New Hampshire Housing Market
The number of homes and condos sold in Dover, N.H. is up 23 percent so far in 2013 over the same time last year, while the inventory is down to 157 versus the usual 200-220. Thankfully, say Dover real estate professionals, low mortgage interest rates are giving potential buyers a great deal of purchasing power,… Continue reading 2013 New Hampshire Housing Market
2013 Tennessee Housing Market
Nashville real estate professionals expect local property prices to outpace the nation in appreciation through 2013. “In my research, I found that most experts predict … the average price nationally to increase by 1 percent, and in Nashville most experts think the average price will increase from 2 – 3 percent,” wrote Steve Jolly of… Continue reading 2013 Tennessee Housing Market