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...]

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...]

2015 Arizona Housing Market Predictions

Once the epitomic example of the housing market crash, the Arizona housing market is now one of the stronger markets in the country. Increases in home construction and sales can be seen throughout the state. Most representative of the health of the Arizona real estate market is Phoenix, which has made a complete roundabout. Instead of investors acquiring distressed properties, owner-occupant buyers are fueling sales. On realtor website Trulia … [Read more...]

2015 Colorado Housing Market Predictions

There is no hotter real estate right now in the county than the Colorado housing market. At the beginning of the year Colorado home prices rose 9.8% between February 2014 and February 2015. And the market keeps moving up. In June the state reported record sales with the average residential property being sold for $377,550. But summer is the prime time for real estate sales and as such the market has cooled since then. … [Read more...]

2015 Montana Housing Market Predictions

In a state without a particularly strong economy, how does the Montana housing market perform in 2015 considering the pressures of our post-recession economy? We will examine the particularities of the Montana real estate, as well as try to sketch some housing market predictions for the area based on how the current data looks like and the opinions weighed in by the locally relevant 2015 housing market experts. For now, let’s take a general look … [Read more...]

2015 Utah Housing Market Predictions

Across the country, signs abound almost everywhere that the housing market crisis may officially be over. Big homebuilders are reporting solid earnings. Retail giants Home Depot and Lowe’s are seeing all-time high profits for renovations. Likewise, business is booming for paint maker Sherwin-Williams, mattress company Tempur Sealy, and appliance king Whirlpool. How long can this last? The last time we saw numbers like this was back in 2007, and … [Read more...]

2015 New Mexico Housing Market Predictions

In 2014 the New Mexico housing market saw a 3.6% increase in the number of homes sold compared to the year before. The 2015 housing market appears to be continuing the trend and the state could be looking at a record year. The Realtors Association of New Mexico (RANM) reports that there have been 8,806 home sales through June of this year. What are some of the reasons for buyer optimism? “Higher rents, a stronger job market, and gradually rising … [Read more...]

2015 Kansas Real Estate and Housing Market Predictions

The 2014 Kansas report indicated that the Kansas real estate field was on an upwards trend of continued strength and growth. Did this trend continue for the state’s 2015 housing market? We will give you an overview of the field and its influencing factors below, as well as highlight the best places to live in Kansas from a real estate point of view, based on the current housing market predictions for the area. But first, let’s take a look at how … [Read more...]