The Best Real Estate Markets 2013

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When considering which real estate markets are the best, it is wise to look at home sales among other aspects as this number often reveals a thriving real estate market. Below is a list of the top 25 real estate markets in America today from the least to the greatest: Oklahoma City, Oklahoma: According to trulia.com, the median sales price for homes in Oklahoma City from April 13th to June 13th was $126,000. This represents an increase of … [Read more...]

Foreclosures Rise 18%

The epidemic of foreclosures is rising, according to newly released figures from RealtyTrac, despite a slight slowdown in activity during the month of May. Year over year foreclosures rose 18%. Foreclosure filings, including default notices, scheduled auctions and bank repossessions were reported on 321,480 properties during the month, a decrease of 6% from April. The drop apparently developed as a result of moratoriums on foreclosures by the … [Read more...]

2013 Nevada Housing Market

Real estate professionals in Nevada are hopeful that the signs of a recovering market in 2012 will continue through 2013. In December, the Northern Nevada Business Weekly quoted Helen Graham, president-elect of the Reno-Sparks Association of Realtors, saying, “We had our strongest sales since 2005,¨ of 2012. ¨Optimism is high. We see all the trends going in the right direction.” According to the association, sales of existing single family … [Read more...]

2013 Nebraska Housing Market

Thanks to its location far from volatile coastal real estate markets, landlocked Nebraska never did suffer much in the way of real estate devaluation as a result of the Great Recession. Since 2000, housing prices in Omaha have increased almost every year, says Steve Shultz, a real-estate professor at the University of Nebraska. As prices increase, inventory continues to dwindle. Two years ago, Omaha had 5,000 homes on the market. Today it … [Read more...]

Worst Housing Markets 2012

Little by little even the worst U.S. housing markets forecast for the year are getting better. The hardest hit 25 cities projected by Housing Predictor in 2012 have had some major changes, including the elimination of Las Vegas, Nevada as Sin City makes its way back from the worst real estate crash in the nation’s history. Home sales have been soaring in Las Vegas for six months and home prices are on their way up in many areas, despite a … [Read more...]

News Releases from Housing Predictor

News releases are posted from the newest to the oldest. The news releases posted here are for the use of news organizations, web site owners and bloggers, who want to keep their visitors up to date on the latest Housing Predictor news. They are provided here for you to copy and paste on to your online web sites and for the use of other off-line news organizations. Housing Forecast to Improve in 2010 Release date: 11/18/09 Housing … [Read more...]

Better Market Forecast in Housing

Housing markets will experience increasing sales in 2010 aided by the government's extension and expansion of the first time home buyers federal tax credit, and more government-backed lending assistance, according to the new Housing Predictor national forecast for 2010. Markets will improve in most of the U.S. with average housing deflation forecast at 8.7% nationally. The figure represents the lowest amount of deflation on an annual basis in … [Read more...]

National Real Estate Prices Forecast to Deflate Further

Scrambling to find a bottom, the U.S. real estate market is falling further and further in most areas of the country. Home prices nationally will deflate an average of more than 8% in 2008, according to the Housing Predictor forecast. The real estate crisis, triggered by an over supply of new creative financing programs and a record level of mortgage fraud is deflating at the fastest clip since at least the Great Depression in an over-whelming … [Read more...]

Weak U.S. Dollar Gives Foreign Buyers Edge

By Robert Jones With real estate prices in most U.S. cities heading south, many would-be sellers are looking south for their salvation. They're also looking north, east, and west – any place, where there might be buyers with wads of currency that isn't colored green. The weak dollar may be emboldening foreigners to buy in this country, despite the bad real estate news that has found its way into every international news source. Foreign … [Read more...]

Worst Housing Markets in 2009

The downward spiral in housing markets is showing signs of improving in many areas of the country as home sales rise, but there's no shortage of double-digit losers in the Worst 25 Housing Markets selected by Housing Predictor in 2009. Without more government assistance don't expect much more improvement. Detroit, Michigan takes the #1 position with the worst forecast deflation in 2009. Hundreds of thousands of job layoffs are hurting condo … [Read more...]