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… Continue reading 2016 Wyoming Real Estate and Housing Market Forecast
Tag: Forecasts
2016 Montana Real Estate and Housing Market Forecast
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… Continue reading 2016 Montana Real Estate and Housing Market Forecast
2016 Nevada Real Estate and Housing Market Predictions
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… Continue reading 2016 Nevada Real Estate and Housing Market Predictions
2016 Idaho Real Estate and Housing Market Predictions
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… Continue reading 2016 Idaho Real Estate and Housing Market Predictions
2016 Washington Housing Market Predictions
Like the rest of the country the Washington housing market is healthy and thriving, and last years positive numbers look like they’re going to spill over into the 2016 housing market. But like much of the west coast housing supply is having a hard time keeping up with demand. “We’re in for another crazy spring… Continue reading 2016 Washington Housing Market Predictions
2016 Oregon Real Estate and Housing Market Predictions
Home prices for Oregon real estate have increased significantly in the past year, and the 2016 housing market looks to continue that trend. Homes are spending fewer and fewer days on the market. Why? Nestled between Washington and California, Oregon proceeds to grow as Californians are forced to leave because they can no longer afford… Continue reading 2016 Oregon Real Estate and Housing Market Predictions
2016 California Housing Market Predictions
The California Housing Market had a pretty solid year in 2015. Compared to 2014 prices were up nearly 7% and sales were up 8.1%. Unfortunately, the 2016 housing market looks to limp forward in comparison. Economists forecast that price increases will slow down, which is good seeing that home costs in the state have made… Continue reading 2016 California Housing Market Predictions
2015 Nevada Housing Market Predictions
While much of the country has been enjoying a healthy housing market, most of the state of Nevada is merely hovering around stable. Being underwater on your mortgage (owing more than it’s worth) in most states does not mean that you will lose your home. In Nevada, however, most likely that is exactly what it… Continue reading 2015 Nevada Housing Market Predictions
2015 Oregon Housing Market Predictions
The 2015 housing market has seen record highs in Oregon. The market was so strong that realtors’ main complaints were that they had difficulty in finding contractors to perform repairs on their listings, and there was a shortage in appraisers available to complete appraisal reports. Due to these difficulties many closing deadline extensions had to… Continue reading 2015 Oregon Housing Market Predictions
2015 Washington Housing Market Predictions
Washington State has seen positive gains in the 2015 Housing Market. Home sale prices, number of sales, and new building permits were all higher than 2014. The second quarter of this year saw a 9.5% increase in statewide median sale prices for single-family homes compared to the same time last year. This is still lower… Continue reading 2015 Washington Housing Market Predictions