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 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...]

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 homes. … [Read more...]

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 real estate market,” predicts J. Lennox Scott, chairman and CEO of John L. Scott, Inc. … [Read more...]

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 housing and Washington residents look for an alternative to the expensive Seattle market. Popularity in the … [Read more...]

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 ownership unattainable for most. But the damage may already be done by the high cost of homes. … [Read more...]

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 means. Real estate firm RealtyTrac.com reports that over 50% of the properties for the 2015 housing market in Nevada that are facing … [Read more...]

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 be negotiated in order to keep deals going forward. But with all of the problems that the real … [Read more...]

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 than the all time high in 2007 but shows that the Washington housing market is healthy. Home sales are increasing the most in the … [Read more...]

2015 Wyoming Real Estate and Housing Market Predictions

Like much of the Midwest, the slowing oil prices recently have investors cautiously eyeing the Wyoming housing market. But with the price dipping below $50 a barrel, oil-rich communities have yet to see much of a slowdown. One reason is that oil industry workers tend to reside in hotels, rental units, and RV’s. So as the oil market slumps it has had little impact on the housing market. In fact, the area most impacted by the oil industry has been … [Read more...]

2015 Idaho Housing Market Predictions

The northern state of Idaho may be known in popular culture first and foremost for its beautiful network or dams and locks and for its famous waterfalls, but its economic profile is what makes it truly unique and interesting from a real estate point of view. The 14th largest state in the country and the 7th least densely populated one, Idaho has had a very interesting economic development. We will take a brief look at its main economic factors in … [Read more...]