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housing market: List of Improving Housing Markets Expands to Nearly 100 - 02/07/12 08:10 AM
The list of housing markets showing measurable improvement expanded by 29 metros in February to include a total of 98 entries on the National Association of Home Builders/First American Improving Markets Index (IMI), released today. Thirty-six states are now represented by at least one market on the list.
The index identifies metropolitan areas that have shown improvement from their respective troughs in housing permits, employment and house prices for at least six consecutive months. The February index adds some metropolitan areas that have been particularly weak; this is due to the fact that the IMI measures improvement from … (2 comments)
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housing market: Finding the Positives in Economic and Housing Conditions in 2012 - 01/23/12 08:10 AM
While 2011 was clearly a challenging year, there is a lot to be positive about looking ahead. Economically, while buffeted by natural disasters and fiscal policy indecisiveness at home and a European sovereign debt crisis abroad, the U.S. economy was able to stave off economic stagnation in 2011 and is likely to continue to do so in 2012.
Housing statistics and the duration of the housing downturn to date indicate that 2012 may be the year we begin to turn the corner. In the summer of 2011, economic concerns peaked as the economy appeared to be on the … (0 comments)
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housing market: Road to Recovery: List of Improving Housing Markets Nearly Doubles in January - 01/11/12 07:57 AM
The number of housing markets showing measurable improvement nearly doubled in January with the addition of 40 new metros to the National Association of Home Builders/First American Improving Markets Index (IMI).
The IMI now boasts 76 improving markets, up from 41 in December, with 31 states and the District of Columbia represented by at least one entry.
The index identifies metropolitan areas that have shown improvement from their respective troughs in housing permits, employment and house prices for at least six consecutive months. New entrants to the list in January include the following (listed alphabetically by state):
… (2 comments)
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housing market: Kiplinger’s Housing Forecast: Positive Signs Offset the Negative - 12/22/11 10:54 AM
The median home price in the U.S. has plunged nearly 40% in a little over five years, but the worst is definitely over, according to a recent report by Kiplinger: The market has finally wrung out the last excess valuations born of the housing bubble. Before you break out the party hats, note that this doesn’t mean prices across the nation are poised to rebound anytime soon. Alex Villacorta, director of research and analytics at Clear Capital, a provider of real estate data and analytics, said the housing market is in a “suspended state,” with positive and negative factors offsetting one … (2 comments)
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housing market: Rental Costs Are About to Takeoff Reasons NOW Is a Great Time to Buy - 05/06/11 07:20 AM
We are often asked whether it is better to rent or buy in the current housing market. The answer to that question is: "It all depends." There are certain situations where renting short term probably makes sense. It may make sense if you are retiring to a different region of the country and are not yet sure where you want to set down roots for the next 25 years. It may make sense if you have a one-year employment contract that will probably require a move to another place upon termination. However, in most other cases, renting right now makes little … (4 comments)
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Christopher Pataki Hockessin Delaware Real Estate
Hockessin,
DE
More about me…
RE/MAX Associates
Address: 1302 Old Lancaster Pike, Hockessin, DE, 19707
Office Phone: (302) 234-3800
Cell Phone: (302) 562-0628
Email Me
Working with buyers and sellers to aid in financial decisions using real estate. I service the following areas - Hockessin, Wilmington, Newark, New Castle, Bear, Middletown, Townsend, Delaware City, Claymont and other areas of New Castle County Delaware
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