Thanks to its location far from volatile coastal real estate markets, landlocked Nebraska never did suffer much in the way of real estate devaluation as a result of the Great Recession. Since 2000, housing prices in Omaha have increased almost every year, says Steve Shultz, a real-estate professor at the University of Nebraska. As prices… Continue reading 2013 Nebraska Housing Market
Category: Nevada
Nevada housing market
2013 Nevada Housing Market
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
Worst Housing Markets 2012
Little by little even the worst U.S. housing markets forecast for the year are getting better. The hardest hit 25 cities projected by Housing Predictor in 2012 have had some major changes, including the elimination of Las Vegas, Nevada as Sin City makes its way back from the worst real estate crash in the nation’s… Continue reading Worst Housing Markets 2012
Weak U.S. Dollar Gives Foreign Buyers Edge
By Robert Jones With real estate prices in most U.S. cities heading south, many would-be sellers are looking south for their salvation. They’re also looking north, east, and west any place, where there might be buyers with wads of currency that isn’t colored green. The weak dollar may be emboldening foreigners to buy in… Continue reading Weak U.S. Dollar Gives Foreign Buyers Edge
News Releases from Housing Predictor
News releases are posted from the newest to the oldest. The news releases posted here are for the use of news organizations, web site owners and bloggers, who want to keep their visitors up to date on the latest Housing Predictor news. They are provided here for you to copy and paste on to your… Continue reading News Releases from Housing Predictor
Better Market Forecast in Housing
Housing markets will experience increasing sales in 2010 aided by the government’s extension and expansion of the first time home buyers federal tax credit, and more government-backed lending assistance, according to the new Housing Predictor national forecast for 2010. Markets will improve in most of the U.S. with average housing deflation forecast at 8.7% nationally.… Continue reading Better Market Forecast in Housing
National Real Estate Prices Forecast to Deflate Further
Scrambling to find a bottom, the U.S. real estate market is falling further and further in most areas of the country. Home prices nationally will deflate an average of more than 8% in 2008, according to the Housing Predictor forecast. The real estate crisis, triggered by an over supply of new creative financing programs and… Continue reading National Real Estate Prices Forecast to Deflate Further
Worst Housing Markets in 2009
The downward spiral in housing markets is showing signs of improving in many areas of the country as home sales rise, but there’s no shortage of double-digit losers in the Worst 25 Housing Markets selected by Housing Predictor in 2009. Without more government assistance don’t expect much more improvement. Detroit, Michigan takes the #1 position… Continue reading Worst Housing Markets in 2009
2012 Nevada Housing Market
A drop-off in the number of homes being foreclosed due to a new state law, and an increase in bank assisted short sales is driving a rise in home prices for Nevada cities though the end of the year. The turn around is a stark contrast to the deteriorating conditions in the state’s housing markets… Continue reading 2012 Nevada Housing Market
States Rip Off Foreclosure Victims
By Mike Colpitts Almost $1-billion targeted to victims of banking foreclosure fraud is being ripped off from foreclosure victims to be used to pay for other programs for states facing serious financial deficits. The nation’s largest five banks agreed to pay a $25 billion settlement as part of their agreement to settle allegations of illegal… Continue reading States Rip Off Foreclosure Victims