Category: 2013 Housing Market

2013 Maryland Housing Market

Expect to hear more sounds of new construction in Maryland in coming months. A recent report by Metrostudy, a national housing data and consulting firm, indicates there will likely be increases in new house construction in the near future. Much of the reason for that is rebounding employment. “The Baltimore MSA (metropolitan statistical area) saw… Continue reading 2013 Maryland 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 New York Housing Market

A dearth of apartments for sale means Manhattan sellers are enjoying a market titled firmly in their favor. According to DNAinfo.com (“Year of the Frustrated Buyer Awaits Manhattan Real Estate Market,” April 2, 2013), “buyers can forget about low-ball offers. There was a 26.8 percent rise in the numbers of homes sold after price increases… Continue reading 2013 New York Housing Market

2013 West Virginia Housing Market

West Virginia led all states in year-over-year home price increases in August of 2012. According to CoreLogic, a real estate information firm, West Virginia ranked first with an 8.6 percent increase in home prices. The state was followed by Wyoming at 3.6 percent, and North Dakota at 3.5 percent. The news, said West Virginia broker… Continue reading 2013 West Virginia Housing Market

2013 Virginia Housing Market

Slow, steady housing market improvement across Virginia will continue through 2013 and 2014, according to experts. In a recent press release, the National Association of Homebuilders’ David Crowe said “home price trends continue to increase, which is good news. However, given how far the prices fell during the Great Recession it will still take some… Continue reading 2013 Virginia Housing Market

2013 Washington Housing Market

When it comes to attracting new residents hoping to strike their fortune, Seattle still has “it.” According to the Northwest Multiple Listing Service, n August, home values in King County, which is home to Seattle, made their highest leap since the real estate bubble burst in 2007. Seattle’s median home value was $374,000, up 7.2… Continue reading 2013 Washington Housing Market

2013 Hawaii Housing Market

With the highest median home price of any state, at $522,000, Hawaii’s rebounding real estate market should even out in the near future, according to experts. Financial and property information provider Corelogic predicts Hawaii home prices will rise 3.2 percent between the first quarter of next year and the first quarter of 2014. That ranks… Continue reading 2013 Hawaii Housing Market

2013 Florida Housing Market

Along with Arizona, Nevada, and California, Florida took a beating when the housing bubble burst nearly six years ago. Florida’s home prices dropped more than 48 percent from the first quarter of 2007 to the first quarter of 2013. Experts chalk up the devastation to overbuilding combined with high unemployment. According to RealtyTrac, Florida ranks… Continue reading 2013 Florida Housing Market

2013 California Housing Market

If the experts are correct, California´s housing market will stay the course in 2013, with sales and prices continuing to increase slowly and steadily as they have for two years. Interest rates remain at historic lows and home prices are still relatively affordable. However, while it’s an excellent time to buy, it’s not a simple… Continue reading 2013 California Housing Market