With prices high and inventory low, Minnesota’s housing market is solidly on the rebound. “Home sales are at their highest level in three years, according to new national figures released on Thursday,” reported CBS Minnesota (“Realtors Expect a Bountiful Spring for Real Estate”) on March 21, 2013. “In Minnesota, the big story remains the lack… Continue reading 2013 Minnesota Housing Market
2013 Iowa Housing Market
The big real estate news in Iowa in 2013 is largely commercial- and farm-related. Forbes Magazine recently named Des Moines one of a handful of emerging downtowns, thanks to the city’s efforts to revitalize its commercial core. The distinction is focusing national attention on the city’s Principal Riverwalk, public art, and attempts to increase housing.… Continue reading 2013 Iowa Housing Market
2013 North Carolina Housing Market
Economists predict North Carolina will continue its weak recovery through 2013. However, real estate professionals are expecting the housing market to improve at a faster pace than that of the general economy. ¨While the state has been in recovering since July of 2009, it has been a weak recovery,” wrote University of North Carolina Charlotte… Continue reading 2013 North Carolina Housing Market
2013 Mississippi Housing Market
Despite widespread reports of a nationwide real estate market recovery, Mississippi continues to lag slightly behind. Forecasts call for an annual appreciation rate for single family homes in Mississippi’s residential housing market of 0.3 percent by September of 2013. However, in late March of 2013, Veros, a Santa Ana, Calif.-based predictive analytics firm, projected that… Continue reading 2013 Mississippi Housing Market
2013 Montana Housing Market
Big Sky Country is experiencing slow and steady real estate market growth. Through 2013, “the volume of single-family homes being sold should be up 10 percent to 15 percent in the eighth largest realtor associations in Montana: Billings, Bitterroot, Gallatin, Great Falls, Helena, Missoula, and the Northwest,” said John E.C. Lagerquist, a sales associate at… Continue reading 2013 Montana Housing Market
2013 New Hampshire Housing Market
The number of homes and condos sold in Dover, N.H. is up 23 percent so far in 2013 over the same time last year, while the inventory is down to 157 versus the usual 200-220. Thankfully, say Dover real estate professionals, low mortgage interest rates are giving potential buyers a great deal of purchasing power,… Continue reading 2013 New Hampshire Housing Market
2013 Tennessee Housing Market
Nashville real estate professionals expect local property prices to outpace the nation in appreciation through 2013. “In my research, I found that most experts predict … the average price nationally to increase by 1 percent, and in Nashville most experts think the average price will increase from 2 – 3 percent,” wrote Steve Jolly of… Continue reading 2013 Tennessee Housing Market
2013 South Dakota Housing Market
South Dakota, and Sioux Falls in particular, saw a significant increase in real estate development in 2012 and is expected to see even more through 2013. At the same time, a rebounding construction industry in the state is lending a much needed boost to the overall economy. KDLT reported (“Sioux Falls Home Prices Could Rise,”… Continue reading 2013 South Dakota Housing Market
2013 Ohio Housing Market
Ohio´s 2013 real estate outlook depends on the type of real estate being discussed, according to the Columbus chapter of the Urban Land Institute. A recent report from the organization indicated that Central Ohio´s market should grow in general through 2013. However, “it varies by sector,” said Jung Kim, Programs Committee Co-Chair at ULI Columbus.… Continue reading 2013 Ohio Housing Market
2013 Hawaii Housing Market
With the highest median home price of any state, at $522,000, Hawaii’s rebounding real estate market should even out in the near future, according to experts. Financial and property information provider Corelogic predicts Hawaii home prices will rise 3.2 percent between the first quarter of next year and the first quarter of 2014. That ranks… Continue reading 2013 Hawaii Housing Market