The housing market hasn’t been great in Iowa since the nation’s economy started falling, but it just hasn’t been bad either. Markets are in balance with just a few months supply of housing inventory in most areas of the state. Iowa is one of those rare states that is forecast to actually see home price… Continue reading 2011 Iowa Housing Market
2011 Pennsylvania Housing Market
Demand for homes that are affordably priced is pushing Pennsylvania’s housing market towards stabilizing ahead of most of the U.S. However, home sales drifted southward after the federal home buyer tax credit expired putting a crimp on the state’s markets that will have to be worked through with the financial crisis before things fully recover.… Continue reading 2011 Pennsylvania Housing Market
2011 Vermont Housing Market
Sheltered by better employment conditions and the lowest number of foreclosures for any state in the U.S., Vermont is making its way through the financial crisis with few headwinds. Vermont is also sustaining the tough national economy without experiencing a real estate crash. However, the housing market hasn’t been fully void of the recession but… Continue reading 2011 Vermont Housing Market
2011 Wisconsin Housing Market
Slumping home sales, rising foreclosures and more short sales are holding back housing markets from entering a recovery in Wisconsin, despite healthier levels of unemployment in most of the state and near record low mortgage rates. Declining home prices are being driven by a lack of demand as consumers wait-out the real estate crash. Sales… Continue reading 2011 Wisconsin Housing Market
2011 Ohio Housing Market
It was a sugar high that gained momentum with the home buyer tax credit, but after its expiration home sales slowed almost like a car coming to a stop sign. Record high foreclosures coupled with one of the highest unemployment rates in the nation have crippled the Ohio housing market. Displaced Ohio workers are beginning… Continue reading 2011 Ohio Housing Market
2011 Wyoming Housing Market
Troubled by nervous newcomers concerned about the economy and selling their homes before moving, Wyoming is sustaining the financial crisis and the housing bust much better than most of the nation. Retirees and tourists are providing a boost to the economy for the state that has the lowest population of any in the U.S. In… Continue reading 2011 Wyoming Housing Market
Home Prices Decline Less in Hardest Hit Markets
By Mike Colpitts Where home prices are still declining they are deflating at a slower rate for the second year in a row, a new Housing Predictor survey has found. The hardest hit markets in the nation, including places in California, Nevada, Arizona, Rhode Island and Florida are experiencing less deflation than in early 2010.… Continue reading Home Prices Decline Less in Hardest Hit Markets
2011 New Hampshire Housing Market
Stoked by better employment than in most other areas of the country and record international exports, the New Hampshire economy is eyeing the New Year with an optimism not seen in many areas of the U.S. That’s not to say the state is out of the woods yet in the financial crisis, but it’s driving… Continue reading 2011 New Hampshire Housing Market
2011 Montana Housing Market
Through its conservative values Montana avoided much of the real estate bubble, but the difficulties surrounding its housing markets as fallout of the financial crisis persist with less bank lending and troubles in the economy at large. Home sales in most of Montana took an up swing as a result of the federal home buyers’… Continue reading 2011 Montana Housing Market
2011 Michigan Housing Market
Foreclosures and bank assisted short sales have battered the Michigan housing market, as many residents flee the state. But as more investors come out to take advantage of lower home prices and interest rates at near record lows, markets are making inroads to recovery. Home prices rose in Detroit with the federal tax credit for… Continue reading 2011 Michigan Housing Market