Pushed by the federal home buyer tax credit, home sales increased in Indiana, but then nearly fell off the charts after the credit expired. A recessionary economy, anchored in high unemployment and debt has turned the housing market into a long lasting depression in Indiana as foreclosures mount and homeowners increasingly walk away from their… Continue reading 2011 Indiana Housing Market
2011 Arizona Housing Market
Driven by a job market that has been plagued by workers being cut from large companies, and lower home prices Arizona may be in the beginning stages of its long awaited housing recovery as more employees go back to work. The suffering economy has seen unemployment improve even in the face of the worst real… Continue reading 2011 Arizona Housing Market
2011 Oregon Housing Market
An over-supply of homes and other residential properties are creating doubts among home buyers accompanied by a weak economy in Oregon, sending home values lower and into what appears to be the initial steps of a double-dip in housing. Growing unemployment in manufacturing, professional services and finance are hurting the economy. A Brookings Institution study… Continue reading 2011 Oregon Housing Market
2011 Maryland Housing Market
Declining home sales after the federal government’s tax credit expired are hurting Maryland, once considered one of the stronger regions in the country in terms of home values. Falling prices hurt the housing market as it erodes confidence in home values recovering any time soon. The battle being waged to produce a housing recovery in… Continue reading 2011 Maryland Housing Market
2011 Minnesota Housing Market
Rebuffed by the expiration of the federal home buyer tax credit, Minnesota home sales are down as homeowners wait for spring time sales to pop back, while bankers slash housing prices on foreclosures to get them off the books. The Minnesota market, which has endured so much and appeared as though it may have been… Continue reading 2011 Minnesota Housing Market
2011 North Carolina Housing Market
Hoping the tough economy will soon be behind them, homeowners in North Carolina are looking for help and some especially hard hit unemployed and under-employed types will receive it from the federal government. The real estate boom treated the state wonderfully as it prospered and pushed a record number of new residents to move to… Continue reading 2011 North Carolina Housing Market
2011 Washington Housing Market
Slowed by high unemployment that lingered over 9% for a half a year, growing foreclosures and a troubled economy, Washington real estate is making little headway into any sort of a recovery. Washington’s unemployment figures leave the state in a stagnant growth pattern that is more than likely to lead to more foreclosures damaging housing… Continue reading 2011 Washington Housing Market
2011 South Dakota Housing Market
With the second best employment rate in the U.S. South Dakota is leading the nation into an economic recovery with its adjacent sister state North Dakota, especially in the housing market. But as two of the least populated states in the nation hardly anyone is noticing their improvements. Home sales modestly rose in South Dakota… Continue reading 2011 South Dakota Housing Market
2011 Mississippi Housing Market
Federal money to aid the hurting Gulf Coast region and funds from the White House program to help the housing market are improving economic conditions with a state government surplus to heal the Mississippi economy. The upsurge in the state’s housing market, however, was only a minor improvement for troubled markets from the home buyer… Continue reading 2011 Mississippi Housing Market
2011 Texas Housing Market
As one of only two states to experience job growth in the past year, Texas home values haven’t suffered like other areas of the country, but home prices are down from their historic highs. New jobs should boost home prices in some areas, but won’t be enough to help in others. Above every where else… Continue reading 2011 Texas Housing Market