Independent housing market forecasts on home values in 230 U.S. cities, mortgage rates and the best real estate news.
Texas, the Lone Star State, became the 28th state added to the United Stated in 1845. Centrally located on the country’s southern border, it is the second largest state at 268,581 square miles. These miles are covered by a wide variety of environments ranging from prairies, grasslands, and piney wood forests to mountains and coastline and coastal swamps. Less than 10 percent of the state is desert. … [Read more...]
The state of New Mexico, known as the “Land of Enchantment” was the 47th state added to the United States. It is the fifth largest state by size measuring 121,593 square miles. Despite its size, the population of 2,085,583 is only 36th in the country. Three American Indian reservations and 19 pueblos can be found in the state. New Mexico is the third leading producer of crude oil and natural gas in the United States which contributes to … [Read more...]
Arizona, the Grand Canyon State, is the 48th state to become part of the United States. A size of 113,990 square miles makes it the sixth largest state by size. A population of 6,410,979 places Arizona 14th in population in the United States. Arizona is known for warm, sunny weather throughout the year. The state’s top employer is the state government followed by the healthcare and transportation industries. The current unemployment rate is 6.20% … [Read more...]
Home prices in the Colorado Housing Market are surging. On virtually every real estate website such as Zillow and Trulia Denver, Boulder, and Colorado Springs real estate ranks high among the hottest housing markets in the country. After the first quarter of 2016, Denver real estate (always a top market in sales and price appreciation) ranked 3rd, Colorado Springs 11th, and Boulder 18th. Colorado has more cities in the top 20, second only to … [Read more...]
States in the West are expecting some of the strongest 2016 Housing Market activity in the country, and Utah real estate is near the head of the pack. The government-backed mortgage loan company Freddie Mack has named Northern Utah in particular as one of the top housing markets in their 2015 year-end Multi-indicator Market Index. “Housing markets such as Salt Lake City, Provo, and Ogden have strong buyer demand and they’re also still largely … [Read more...]
In May of 2012 the median home value in Wyoming was $78,500. Four years later that value has increased by $35,000 and is currently $113,500. Although the statewide median home value is one of the lowest in the country, the rate in which the value margin has increased in a relatively short time span is a big positive for the Wyoming’s real estate market. But like other energy-producing states, the oil industry continues to be a major factor for … [Read more...]
Traditionally Montana has relied on agriculture as it main source of income revenue. However, over the past decade, oil, tourism, lumber, and breweries have become a major contributing factor to Montana’s economy. And once again the big question for Montana Real Estate is, “Will there be a decline in business and jobs as a result of a decrease in energy and oil costs?” In February 2006 there were 23 oilrigs working in Montana. In 2012 the state … [Read more...]
Last year the United States housing market saw default numbers fall to the lowest levels since 2006. However, this was not the case for Nevada real estate. The housing market in Nevada had its housing distress statistics actually increase in 2015, and real estate market agents in the state expect more of the same for 2016. This is nothing new for the Silver State. For the past ten years Nevada has been in the top five nationally for default … [Read more...]
Much of the nation enjoyed healthy real estate numbers last year and Idaho was no different. Look for this positive trend to continue for the Idaho State 2016 housing market. If you’ve been waiting to purchase a home now is the time before these historically low interest rates rise as well as the price in homes. … [Read more...]
After some considerable ups and downs (especially in the aftermath of the 2008 economic fall), the markets around the country are recovered and growing. This previous list of the best real estate markets (which we shared with you some time ago) highlighted the best housing markets through 2016. Readers could then get a better sense of what was going on in this business niche and even choose from the particular housing market which they would feel … [Read more...]