2015 California Housing Market Predictions

California Housing Market

The California housing market has been strong this year. And experts seem to agree that the state’s positive 2015 Housing Market will not only carry over into the new year, but will be even stronger. Realtors expect home sales to increase by nearly 26,000 closings. If this holds out to be true that translates to 433,000 total sales next year, which would make 2016 the greatest year for home sales since 2012. However, despite these numbers … [Read more...]

2015 Nevada Housing Market Predictions

Nevada Housing Market

While much of the country has been enjoying a healthy housing market, most of the state of Nevada is merely hovering around stable. Being underwater on your mortgage (owing more than it’s worth) in most states does not mean that you will lose your home. In Nevada, however, most likely that is exactly what it means. Real estate firm RealtyTrac.com reports that over 50% of the properties for the 2015 housing market in Nevada that are facing … [Read more...]

2015 Oregon Housing Market Predictions

Oregon Housing Market

 The 2015 housing market has seen record highs in Oregon. The market was so strong that realtors’ main complaints were that they had difficulty in finding contractors to perform repairs on their listings, and there was a shortage in appraisers available to complete appraisal reports. Due to these difficulties many closing deadline extensions had to be negotiated in order to keep deals going forward. But with all of the problems that the real … [Read more...]

2015 Washington Housing Market Predictions

Washington Housing Market

Washington State has seen positive gains in the 2015 Housing Market. Home sale prices, number of sales, and new building permits were all higher than 2014. The second quarter of this year saw a 9.5% increase in statewide median sale prices for single-family homes compared to the same time last year. This is still lower than the all time high in 2007 but shows that the Washington housing market is healthy. Home sales are increasing the most in the … [Read more...]

2015 Wyoming Real Estate and Housing Market Predictions

Wyoming Real Estate

Like much of the Midwest, the slowing oil prices recently have investors cautiously eyeing the Wyoming housing market. But with the price dipping below $50 a barrel, oil-rich communities have yet to see much of a slowdown. One reason is that oil industry workers tend to reside in hotels, rental units, and RV’s. So as the oil market slumps it has had little impact on the housing market. In fact, the area most impacted by the oil industry has been … [Read more...]

2015 Idaho Housing Market Predictions

Idaho Housing Market

The northern state of Idaho may be known in popular culture first and foremost for its beautiful network or dams and locks and for its famous waterfalls, but its economic profile is what makes it truly unique and interesting from a real estate point of view. The 14th largest state in the country and the 7th least densely populated one, Idaho has had a very interesting economic development. We will take a brief look at its main economic factors in … [Read more...]

2015 Arizona Housing Market Predictions

Arizona Housing Market

Once the epitomic example of the housing market crash, the Arizona housing market is now one of the stronger markets in the country. Increases in home construction and sales can be seen throughout the state. Most representative of the health of the Arizona real estate market is Phoenix, which has made a complete roundabout. Instead of investors acquiring distressed properties, owner-occupant buyers are fueling sales. On realtor website Trulia … [Read more...]

2015 Colorado Housing Market Predictions

Colorado Housing Market

There is no hotter real estate right now in the county than the Colorado housing market. At the beginning of the year Colorado home prices rose 9.8% between February 2014 and February 2015. And the market keeps moving up. In June the state reported record sales with the average residential property being sold for $377,550. But summer is the prime time for real estate sales and as such the market has cooled since then. … [Read more...]

2015 Montana Housing Market Predictions

Montana Housing Market

In a state without a particularly strong economy, how does the Montana housing market perform in 2015 considering the pressures of our post-recession economy? We will examine the particularities of the Montana real estate, as well as try to sketch some housing market predictions for the area based on how the current data looks like and the opinions weighed in by the locally relevant 2015 housing market experts. For now, let’s take a general look … [Read more...]

2015 Utah Housing Market Predictions

Utah Housing Market

Across the country, signs abound almost everywhere that the housing market crisis may officially be over. Big homebuilders are reporting solid earnings. Retail giants Home Depot and Lowe’s are seeing all-time high profits for renovations. Likewise, business is booming for paint maker Sherwin-Williams, mattress company Tempur Sealy, and appliance king Whirlpool. How long can this last? The last time we saw numbers like this was back in 2007, and … [Read more...]