A surplus inventory of homes and other real estate listed for sale and growing foreclosures hinder Oklahoma housing markets, despite a stronger job market than most of the U.S. and near record low mortgage rates. The real estate crash is only starting to have a deeper impact on the Sooner State. Home sales fell a… Continue reading 2011 Oklahoma Housing Market
2011 Colorado Housing Market
In Colorado they’re bucking the trend like they have so many times when it comes to the housing market. Sales have shown an improvement, despite the weak national economy, but they aren’t anything like they need to be to drive a full-fledged recovery. Home sales have driven a stronger market in Denver during the summer,… Continue reading 2011 Colorado Housing Market
2011 Maine Housing Market
As one of the colder climates in the country, residents of Maine know all too much about being frozen out. For the longest time they were nearly frozen when it came to the real estate crash, and then things slowly changed sending home prices lower. Maine isn’t likely to sustain the loss in home values… Continue reading 2011 Maine Housing Market
2011 West Virginia Housing Market
Despite near record low mortgage rates, home sales are soft in West Virginia, which is suffering through the real estate crash with little marked improvement from the federal home buyer tax credit. The incentive proved to do little to aid West Virginia housing markets in the long run as the Obama administration struggles to adopt… Continue reading 2011 West Virginia Housing Market
2011 Missouri Housing Market
Driven by tight mortgage market conditions and rising unemployment, weak consumer confidence is heavily impacting the number of home sales in Missouri as the region struggles economically. The foreclosure crisis is putting a crimp on Missouri housing markets after the federal tax credit for home buyers expired slowing sales. The fall off is triggering an… Continue reading 2011 Missouri Housing Market
2011 Hawaii Housing Market
Improving tourism, near record low mortgage rates and lower home and condo prices may be leading Hawaii housing markets right into a recovery, but don’t expect the recovery to send the Islands into a partying frenzy in paradise just yet. Home and condo sales are declining in Oahu in the face of the toughest economy… Continue reading 2011 Hawaii Housing Market
2011 Kansas Housing Market
Soft home sales and discount priced properties are troubling the housing recovery in Kansas as the center of the Mid-West encounters long term issues over the economy. Employers have been hiring more workers in parts of Kansas, but unemployment in some areas of the state is higher than the national average. High joblessness has put… Continue reading 2011 Kansas Housing Market
2011 Massachusetts Housing Market
Despite the lowest mortgage rates in decades, the Massachusetts housing market is slumping as it works its way through the most devastating real estate crash in U.S. history. Home sales declined to the lowest level since 1990 after the federal home buyer tax credit expired. The drop-off is also attributable to high unemployment and weak… Continue reading 2011 Massachusetts Housing Market
2011 New York Housing Market
Troubled by a state economy in chaos, New York is facing one of the most challenging times in history. Although foreclosures are a problem in the fallout of the worst real estate crash in the U.S, driven by a healthier supply of able buyers, New York consistently ranks as one of the lowest in foreclosures.… Continue reading 2011 New York Housing Market
2011 Virginia Housing Market
High paying government jobs triggered a resurgence of the housing market in much of Virginia as commuters to Washington, D.C. bought up homes to take advantage of the federal tax credit, but sales plummeted after its expiration sending markets into the beginning of a second dip in the housing market. Outside of the nation’s capitol… Continue reading 2011 Virginia Housing Market