2011 Idaho Housing Market

Troubled by one of the highest monthly rates of foreclosures in the nation, Idaho's housing market is battling to find a bottom amid the worst real estate crash in U.S. history. Home sales rose while the federal government was offering a special tax credit to buyers, but then tumbled like an avalanche after the credit expired. Tight mortgage lending criteria and high unemployment beleaguer the market as it moves into the New Year with little hope … [Read more...]

2011 Delaware Housing Market

Troubled by the banking industry and its former appetite to take excessive risks, Delaware's housing markets are in the midst of one of the nation's toughest real estate crashes even after the federal home buyer tax credit increased home sales for a time. The collapse of the housing market is especially hard hit in the southern half of the state, where foreclosures are climbing amid record mortgage defaults. The scene in southern Delaware … [Read more...]

Major Metropolitan Market Forecasts in 2011

The annual metropolitan forecasts housing markets in the top 25 Greater Metropolitan Statistical areas in the U.S., and include housing and population densities. The forecasts are listed in order from the most populated major U.S. city to the least. Housing Predictor forecasts are issued in January of the New Year and updated as local market conditions change throughout the year in the more than 230 markets forecast. Some 20 factors are … [Read more...]

Recovery in Best 25 Housing Markets

As the U.S. undergoes the most severe down turn in its housing markets since at least the Great Depression, at least 25 local markets are progressing through the transition forecast to experience housing price inflation during the remainder of 2011. Driven by a U.S. military realignment program and a robust local economy El Paso, Texas located on the border of Mexico takes the #1 position. El Paso is now forecast to lead the nation in home … [Read more...]

Best Real Estate Markets in 2011

The best real estate markets for investors to put down their money in 2011 are located in a cross section of areas across the U.S., many of which are supported by strong government jobs. Hubs for high-tech, health care and education also make up the ten best markets to buy a home to make a profit on this year. Washington, D.C. leads off the list with the government adding an estimated 100,000 federal jobs since the Obama administration landed … [Read more...]

2011 Connecticut Housing Market

Battling a 20-year low mark in home sales, Connecticut is dealing with the aftermath of the real estate crash with dwindling sales after the federal home buyer tax credit expired. But Fairfield County, home to four of the state's largest cities is seeing a rebound in sales that could usher in a change in the state’s major housing markets. Home sales have dropped in the majority of the country as a result of the credit’s expiration, but … [Read more...]

Worst Housing Forecasts in 2011

For a time government stimulus money combined with lower home prices and historically low mortgage rates to drive home sales and prices in some areas of the country higher, but the so-called second leg in the housing market downturn is underway in many regions of the U.S. Led by fourteen states, the worst 25 forecast housing markets are projected to deflate in average values in 2011 as the nation grows more accustom to a new sort of economy … [Read more...]

2011 California Housing Market

Like suffering through a painful New Year’s hangover, California is slumbering through the fallout of the real estate crash after twin tax credits artificially boosted its housing market only to return to a slowdown. As the world’s sixth largest economy on its own, California isn’t exactly falling into economic ruin, but it isn’t making headway into an economic recovery either. The housing market is still pained by a foreclosure crisis … [Read more...]

2011 Arkansas Housing Market

Arkansas has one of the strongest economies with one of the best employment rates in the nation, which is propelling its housing markets to improving conditions much sooner than most of the U.S. Home sales haven’t been setting any records, but near record low mortgage rates have kept most markets active with homeowners who are able wait out the rest of the downturn. A recovery should be underway sometime in 2011. Arkansas has been impacted … [Read more...]

2011 Alabama Housing Market

Soaring unemployment and weak economic fundamentals are leading the Alabama housing market into a second down turn that is projected to pull home prices down further. Home sales have slowed after the federal tax credit for home buyers’ expired, leading to a growing series of problems for Alabama, which includes worries along the Gulf of Mexico from the BP oil disaster. Work crews are still cleaning-up Orange Beach, where oil from the BP … [Read more...]