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
Category: North Dakota
North Dakota housing market
Markets Forecast to Rise with Housing Inflation
In a turning point that demonstrates U.S. housing markets are making a recovery, Housing Predictor is forecasting that local markets in seventeen states will experience housing inflation in 2011. The states are dominated by the Mid-west and most Northern regions that were less affected by harmful new mortgage lending products during the real estate bubble,… Continue reading Markets Forecast to Rise with Housing Inflation