Archives for December 2014

2014 Kentucky Housing Market

The forecast for the 2013 Kentucky housing market paints the picture of a diverse landscape in terms the overall home sales throughout the state. Most significantly, this forecast draws attention to the more positive aspects of the Louisville market. The 2008 recession didn't hit the Louisville area as hard as the rest of the state. However, the real estate market in the area did need to make some adjustments to better meet these predictions. … [Read more...]

2014 Indiana Housing Market

The 2013 Indiana housing market continued similar recovery trends experienced during the previous post-recession years. The state’s economy significantly slowed down the pace of its economic rebound last year. Many experts feel that the 2014 Indiana housing market (and beyond) will bring about less prosperity. We briefly outlined some of the main contributing factors influencing the evolution of the 2014 Indiana housing market below. The majority … [Read more...]

2014 Michigan Housing Market

By the end of 2012, prospects appeared mixed for the 2013 Michigan housing market: on one hand, real estate experts remained well aware of the fact that the recession greatly affected the state. On the other hand, the Detroit housing market was poised to make one of the biggest comebacks in U.S. history. So, did any of these predictions come true, or has the 2014 Michigan housing market continued to slump under numerous negative influences from … [Read more...]

2014 Illinois Housing Market

By the end of 2012, the 2013 Illinois housing market appeared set to experience growth through the year ahead. Predictions appeared moderately optimistic at best. A market analyst interviewed by the Illinois Association of Realtors predicted a slow but steady pace of recovery last year. By and large, his predictions appear to have come to fruition. Both the median sale prices for homes and the overall number of home sales in the state improved … [Read more...]