Archives for June 2013

70 US Cities Forecast with Higher Home Prices

By Mike Colpitts Nearly mid-way through the year 70 U.S. cities housing markets are forecast to recover in 2012, and some of them are already making successful inroads on their way with appreciating home prices. The cities include five that were forecast by Housing Predictor at the beginning of the year to appreciate in value, including Miami, Florida which is seeing unparalleled appreciation in the single family home market and … [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 Wyoming Housing Market

Wyoming ranked No. 9 in a recent list of the top 10 housing markets of the future compiled and presented by MSN Real Estate. “The Cheyenne metro area, which includes Laramie County, has been a fairly stable market, with home prices estimated to drop only 2.6 percent from peak to trough,” reads the article. The report forecast a 4-year home price increase of 23.7 percent, with the biggest price increase to occur in 2014. So far, Wyoming’s … [Read more...]