2015 Nebraska Real Estate and Housing Market Predictions

Nebraska Real Estate

While the economy in Nebraska isn’t precisely among the top state economies in the country, it is stable enough to make the housing market predictions for the state appear quite favorable. Ranking as the 25th in the nation, the economy here relies heavily on agriculture (both historically and currently), which doesn’t lead to a spectacularly large gross product and earnings. However, this economy manages to bring about a certain level of … [Read more...]

2015 South Dakota Real Estate and Housing Market Predictions

South Dakota Real Estate

We are all aware of the current crisis hitting North Dakota in regards to the drop in oil and agriculture prices, two key industries in the state. So how does this affect the 2015 Housing Market in South Dakota real estate? The answer is very little. South Dakota has its own agriculture issues, but the state also heavily depends on the service industry (retail, finance, health care) as well as tourism (Black Hills, Deadwood, Mount Rushmore). So … [Read more...]

2015 North Dakota Real Estate and Housing Market Predictions

North Dakota Real Estate

Like other parts of the South and Midwest, energy and agriculture prices are impacting the 2015 Housing Market in North Dakota. North Dakota is the second highest crude oil producer in the nation, and the slumping oil prices will most likely have some effect on the North Dakota real estate. But while some would view this problem as impending doom and gloom, realtors in the state still see growth. Even though the population dropped from this time … [Read more...]

2015 Minnesota Housing Market Predictions

Minnesota Housing Market

After the serious stagnation of last year, which we covered at large in our report on the 2014 Minnesota housing market, the market has now recovered quite nicely and will reportedly continue to grow into the foreseeable future as well. The housing market predictions for this state (as calculated based on Zillow data), indicate that there has been a 2.9% rise in this market and it will continue to rise by 0.9% in the next year as well. The basic … [Read more...]

2015 Iowa Real Estate and Housing Market Predictions

Iowa Real Estate

In last year’s market overview for the 2014 Iowa real estate market, we wrote that this state’s local housing market was one of the few actually maintaining stable growth throughout the last 2 years. The 2008 recession hit most local housing markets pretty hard: the real downward effects of the recession were actually only visible towards its end (in 2010 and a bit into 2011 as well for most states and markets). From 2012, a very slow recovery … [Read more...]

2015 Missouri Real Estate and Housing Market Predictions

Missouri Real Estate

The Missouri real estate market is relatively healthy due to an increase in selling prices that began last year and carried over into 2015. However Zillow sees the market as less than healthy according to its Market Health Index. This index shows the health of a state’s market compared to other markets across the United States. The Market Health Index uses up to 10 metrics including: past and projected home values, foreclosures, foreclosure … [Read more...]

2015 Oklahoma Housing Market Predictions

Oklahoma Housing Market

The 2015 Housing Market in the state of Oklahoma is a sellers market. According to Susanna Lorg, the president of the Oklahoma City Metro Association of Realtors, the most active price range is the entry-level buy-in range, which includes houses priced between $120,000 and $150,000. With inventory still low throughout the state, sellers maintain a serious advantage (particularly in the metro areas). In April of this year, realtors facilitated the … [Read more...]

2015 Texas Housing Market Predictions

Texas Housing Market

Unlike the rest of the country, Texas did not see a large drop in home values during the recession. The state saw lower unemployment rates than the rest of the nation, and there was no influx of investors buying up distressed properties simply because there were no excessively undervalued properties available to buy. Right now, the 2015 housing market in Texas is hot. Even though the energy industry is in a bit of a decline, this news has yet to … [Read more...]

2015 Arkansas Real Estate and Housing Market Predictions

Arkansas Real Estate

Known as the “Natural State,” Arkansas offers both residents and tourists alike a number of outdoor recreation opportunities. But Arkansas also has an economy that has evolved to meet today’s demands. Six Fortune 500 companies call the state home, including the world’s leading retailer Walmart. CNBC ranks Arkansas as the 20th best state in the nation for doing business due to Arkansas having the second lowest cost of doing business and the … [Read more...]

2015 Louisiana Real Estate and Housing Market Predictions

Louisiana Real Estate

The Louisiana real estate market enjoys some of the most distinct qualities of any state in our nation. It is the only state with political subdivisions called Parishes (local governments that are equivalent to counties). Since many of the state’s lands were formed by Mississippi River sediment washout, Louisiana contains large areas of deltas, swamps, and coastal marshes. Like Florida’s everglades, these ecosystems contain species that are … [Read more...]