Archives for April 2013

2013 Massachusetts Housing Market

Massachusetts real estate professionals are rejoicing at evidence that the state’s real estate market is surging ahead. “All signs indicate that we are very likely skimming the bottom of the real estate bust, and things are just beginning to look up,” wrote Judy Reynolds, Sterling Massachusetts Realtor, in a November 2012 post on the Massachusetts Real Estate Trends blog. She noted that the state had less real estate market distance to close … [Read more...]

2013 Kansas Housing Market

The real estate market is slightly improving in Kansas, and experts predict it will continue on that course through 2013. In February, Kansas realty firm J.P. Weigand & Sons offered a 2013 forecast, presenting findings at a conference in Wichita, Kan. According to coverage in the Wichita Eagle (“Real estate forecast in Wichita area: Market is improving”), “Jerry Gray, vice president and general manager of Weigand’s commercial/investment … [Read more...]

2013 Indiana Housing Market

Last year was disappointing for Indiana’s real estate professionals and investors, but 2013 should offer a turnaround, said Kyle J. Anderson, Indiana University Kelley School of Business clinical assistant professor of business economics. “The Indianapolis-Carmel metropolitan area should expect to see a rebound in 2013 along with the rest of the country and state.” Still, the Indianapolis real estate market hasn’t entirely turned the corner, … [Read more...]

2013 Idaho Housing Market

Idaho is enjoying one of the most quickly rebounding economies in the United States, and its real estate market is a healthy part of that trend. That, say experts, is expected to continue through 2013, with no sign of a slowdown in sight. Boise was recently named one of the top five cities leading the national recovery, as well as one of the top five cities with the highest home price appreciation. “In fact,” writes Boise Realtor Paula K. … [Read more...]

2013 Minnesota Housing Market

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 of homes on the market, with inventory down more than 15 percent from last year.” Minnesota’s home … [Read more...]

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 Gulfport-Biloxi would be one of the five weakest markets with a -2.3 … [Read more...]

2013 Vermont Housing Market

When it comes to its real estate market, where it isn´t seeing gains, Vermont is holding steady. In a Jan. 23, 2013 blog post, the real estate firm Conroy & Company wrote of 2013, ¨we expect greater equilibrium between sellers and buyers meaning it’s no longer a buyer’s market or that there is a surplus of homes to be sold. That makes for a more competitive market and the return of modestly rising selling prices in spots. Homes that are … [Read more...]

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 Nashville Real Estate Now (“Home Price Forecast for 2013,” Oct. 2, 2012). However, the housing market will … [Read more...]

2013 North Dakota Housing Market

North Dakota´s oil boom is invigorating the state´s real estate market, with the growing number of new residents looking for housing. According to Realtor LaDonna Korstad, who is based in the Fargo-Moorhead area and licensed in North Dakota and Minnesota, “The number of active listings will remain steady throughout 2013 but the number of days on market will lessen as buyer demand will remain high.¨ North Dakota median home prices and … [Read more...]

2013 Wisconsin Housing Market

Wisconsin’s real estate market is on the upswing, and experts say the trend will continue through 2013. The Wisconsin Realtors Association reported that February, 2013 was the 20th straight month of double-digit growth in sales of existing homes statewide, with the month’s final numbers indicating a 12 percent increase in sales over February, 2012. In related news, according to Baraboo News Republic (“Real estate market making strides,” … [Read more...]