|
OK, call me partial,
that's OK, I can handle it. That's because I hail from the (sometimes
wet and wild) Great Pacific Northwest, where, maybe, everybody wishes
they were at, or from.
All fun aside, here's the
latest (I guess) information coming from one of our government's sources
of information relating to housing that I just came across a bit ago ~
and I'm pleased to see that our little neck of the woods is mentioned
quite a few times in that little list.
For all you fellow
Washingtonians, I've gone ahead and grouped us in the first four sets of stats
to kinda tell where we stand nationally. The balance of this post will
be the sum total of all cities in the report.
Thanks for reading this
far, and I hope this post helps any fellow number cruncher make it
through the day.
Home prices by city
Price appreciation as of March 31, 2008 (by percentage)
according to the Office of Federal Housing Enterprise Oversight.
Of 292 metro areas, more than
192 recorded year-over-year increases in prices.
Findings of the report include:
The states with the greatest price appreciation between the first quarter of 2007 and the first quarter of 2008 were Wyoming (6.3%), Utah (5.6%), Montana (4.9%), Texas (4.7%) and Alabama (4.5%).
The metro areas with the greatest price appreciation over the past year were Houma-Bayou, La. (11.2%), Grand Junction, Colo. (9.1%) and
Wenatchee, Wash. (8.0%).
City rankings
are listed by metropolitan areas. The OFHEO's House Price Index is
published on a quarterly basis and tracks average house-price changes in
repeat sales or refinancings of the same single-family properties. The
index is based on analysis of data obtained from Fannie Mae and Freddie
Mac from more than 30 million repeat transactions over the past 30 years
http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/HomePricesByCity.aspx
Price appreciation as of March 31, 2008 (by percentage)
| City
(Washington State) |
Rank |
1
Quarter |
1
Year |
5
Years |
|
Wenatchee, WA
|
3
|
-0.10
|
8.02
|
77.77
|
|
Yakima, WA
|
17
|
0.73
|
5.67
|
35.76
|
|
Longview, WA
|
34
|
-0.71
|
4.73
|
56.36
|
|
Spokane, WA
|
44
|
-0.38
|
4.40
|
67.44
|
|
Mount
Vernon-Anacortes, WA
|
46
|
0.06
|
4.30
|
68.69
|
|
Olympia, WA
|
84
|
-0.03
|
3.17
|
71.53
|
|
Kennewick-Pasco-Richland,
WA
|
90
|
-1.71
|
2.97
|
19.06
|
|
Seattle-Bellevue-Everett,
WA
|
93
|
-0.43
|
2.82
|
63.43
|
|
Bellingham, WA
|
108
|
0.27
|
2.44
|
79.22
|
|
Tacoma, WA
|
140
|
-0.56
|
1.64
|
69.67
|
|
Bremerton-Silverdale,
WA
|
176
|
-1.12
|
0.48
|
74.44
|
|
|
|
|
|
| City
(Washington State) |
Rank |
1
Quarter |
1
Year |
5
Years |
|
Yakima, WA
|
17
|
0.73
|
5.67
|
35.76
|
|
Bellingham, WA
|
108
|
0.27
|
2.44
|
79.22
|
|
Mount
Vernon-Anacortes, WA
|
46
|
0.06
|
4.30
|
68.69
|
|
Olympia, WA
|
84
|
-0.03
|
3.17
|
71.53
|
|
Wenatchee, WA
|
3
|
-0.10
|
8.02
|
77.77
|
|
Spokane, WA
|
44
|
-0.38
|
4.40
|
67.44
|
|
Seattle-Bellevue-Everett,
WA
|
93
|
-0.43
|
2.82
|
63.43
|
|
Tacoma, WA
|
140
|
-0.56
|
1.64
|
69.67
|
|
Longview, WA
|
34
|
-0.71
|
4.73
|
56.36
|
|
Bremerton-Silverdale,
WA
|
176
|
-1.12
|
0.48
|
74.44
|
|
Kennewick-Pasco-Richland,
WA
|
90
|
-1.71
|
2.97
|
19.06
|
|
|
|
|
|
| City
(Washington State) |
Rank |
1
Quarter |
1
Year |
5
Years |
|
Wenatchee, WA
|
3
|
-0.10
|
8.02
|
77.77
|
|
Yakima, WA
|
17
|
0.73
|
5.67
|
35.76
|
|
Longview, WA
|
34
|
-0.71
|
4.73
|
56.36
|
|
Spokane, WA
|
44
|
-0.38
|
4.40
|
67.44
|
|
Mount
Vernon-Anacortes, WA
|
46
|
0.06
|
4.30
|
68.69
|
|
Olympia, WA
|
84
|
-0.03
|
3.17
|
71.53
|
|
Kennewick-Pasco-Richland,
WA
|
90
|
-1.71
|
2.97
|
19.06
|
|
Seattle-Bellevue-Everett,
WA
|
93
|
-0.43
|
2.82
|
63.43
|
|
Bellingham, WA
|
108
|
0.27
|
2.44
|
79.22
|
|
Tacoma, WA
|
140
|
-0.56
|
1.64
|
69.67
|
|
Bremerton-Silverdale,
WA
|
176
|
-1.12
|
0.48
|
74.44
|
|
|
|
|
|
| City
(Washington State) |
Rank |
1
Quarter |
1
Year |
5
Years |
|
Bellingham, WA
|
108
|
0.27
|
2.44
|
79.22
|
|
Wenatchee, WA
|
3
|
-0.10
|
8.02
|
77.77
|
|
Bremerton-Silverdale,
WA
|
176
|
-1.12
|
0.48
|
74.44
|
|
Olympia, WA
|
84
|
-0.03
|
3.17
|
71.53
|
|
Tacoma, WA
|
140
|
-0.56
|
1.64
|
69.67
|
|
Mount
Vernon-Anacortes, WA
|
46
|
0.06
|
4.30
|
68.69
|
|
Spokane, WA
|
44
|
-0.38
|
4.40
|
67.44
|
|
Seattle-Bellevue-Everett,
WA
|
93
|
-0.43
|
2.82
|
63.43
|
|
Longview, WA
|
34
|
-0.71
|
4.73
|
56.36
|
|
Yakima, WA
|
17
|
0.73
|
5.67
|
35.76
|
|
Kennewick-Pasco-Richland,
WA
|
90
|
-1.71
|
2.97
|
19.06
|
|
|
|
|
|
| |
| U.S.
City |
Rank |
1
Quarter |
1
Year |
5
Years |
|
Akron, OH
|
197
|
1.3
|
-0.39
|
8.36
|
|
Albany-Schenectady-Troy, NY
|
91
|
0.27
|
2.88
|
60.95
|
|
Albuquerque, NM
|
86
|
0.09
|
3.17
|
54.89
|
|
Allentown-Bethlehem-Easton, PA-NJ
|
178
|
-0.84
|
0.46
|
54.8
|
|
Amarillo, TX
|
29
|
0.75
|
4.93
|
24.21
|
|
Ames, IA
|
62
|
1.65
|
3.76
|
18.02
|
|
Anchorage, AK
|
170
|
-0.22
|
0.74
|
49.94
|
|
Anderson, IN
|
138
|
0.74
|
1.66
|
2.56
|
|
Anderson, SC
|
7
|
3.31
|
6.73
|
24.64
|
|
Ann Arbor, MI
|
254
|
0.94
|
-6.29
|
1.33
|
|
Appleton, WI
|
157
|
0.07
|
1.2
|
19.63
|
|
Asheville, NC
|
40
|
-0.41
|
4.52
|
51.56
|
|
Athens-Clarke County, GA
|
114
|
0.36
|
2.33
|
24.73
|
|
Atlanta-Sandy Springs-Marietta,
GA
|
153
|
0.21
|
1.37
|
19.02
|
|
Atlantic City-Hammonton, NJ
|
226
|
-0.83
|
-2.48
|
70.21
|
|
Augusta-Richmond County, GA-SC
|
21
|
0.09
|
5.49
|
38.38
|
|
Austin-Round Rock, TX
|
4
|
2.33
|
7.74
|
31.89
|
|
Bakersfield, CA
|
281
|
-7.14
|
-14.89
|
78.53
|
|
Baltimore-Towson, MD
|
182
|
-0.78
|
0.23
|
75.41
|
|
Barnstable Town, MA
|
232
|
-0.29
|
-3.31
|
32.55
|
|
Baton Rouge, LA
|
64
|
0.27
|
3.74
|
37.5
|
|
Battle Creek, MI
|
228
|
1.09
|
-2.62
|
11.11
|
|
Bay City, MI
|
191
|
-2.32
|
-0.11
|
8.55
|
|
Beaumont-Port Arthur, TX
|
13
|
0.49
|
6.29
|
31.84
|
|
Bellingham, WA
|
108
|
0.27
|
2.44
|
79.22
|
|
Bend, OR
|
250
|
-2.86
|
-5.77
|
74.96
|
|
Bethesda-Frederick-Gaithersburg,
MD
|
238
|
-1.71
|
-3.89
|
60.63
|
|
Billings, MT
|
5
|
1.13
|
7.09
|
48.99
|
|
Birmingham-Hoover, AL
|
65
|
1.55
|
3.71
|
29.68
|
|
Bismarck, ND
|
19
|
-0.66
|
5.58
|
43.05
|
|
Blacksburg-Christiansburg-Radford,
VA
|
38
|
0.95
|
4.63
|
39.65
|
|
Bloomington, IN
|
161
|
1.06
|
1.11
|
24.35
|
|
Bloomington-Normal, IL
|
184
|
-0.35
|
0.22
|
16.77
|
|
Boise City-Nampa, ID
|
193
|
-0.47
|
-0.23
|
61.37
|
|
Boston-Quincy, MA
|
218
|
0.22
|
-1.8
|
24.08
|
|
Boulder, CO
|
53
|
1.08
|
4.11
|
15.04
|
|
Bowling Green, KY
|
125
|
1.97
|
1.93
|
20.52
|
|
Bradenton-Sarasota-Venice, FL
|
287
|
-6.49
|
-16.72
|
48.32
|
|
Bremerton-Silverdale,
WA
|
176
|
-1.12
|
0.48
|
74.44
|
|
Bridgeport-Stamford-Norwalk, CT
|
208
|
0.03
|
-1.12
|
39.69
|
|
Buffalo-Niagara Falls, NY
|
67
|
1.85
|
3.69
|
25.38
|
|
Burlington, NC
|
69
|
3.96
|
3.56
|
13.4
|
|
Burlington-South Burlington, VT
|
174
|
0.97
|
0.56
|
51.11
|
|
Cambridge-Newton-Framingham, MA
|
210
|
0.14
|
-1.24
|
20.06
|
|
Camden, NJ
|
186
|
-0.21
|
0.06
|
59.33
|
|
Canton-Massillon, OH
|
169
|
1.17
|
0.85
|
8.1
|
|
Cape Coral-Fort Myers, FL
|
288
|
-6.14
|
-17.45
|
52.08
|
|
Cedar Rapids, IA
|
143
|
-0.1
|
1.6
|
14.4
|
|
Champaign-Urbana, IL
|
175
|
-1.2
|
0.54
|
26.66
|
|
Charleston, WV
|
92
|
-0.54
|
2.87
|
20.16
|
|
Charleston-North
Charleston-Summerville, SC
|
145
|
0.61
|
1.54
|
55.41
|
|
Charlotte-Gastonia-Concord, NC-SC
|
14
|
1.23
|
6.16
|
28.95
|
|
Charlottesville, VA
|
142
|
-0.05
|
1.62
|
65.14
|
|
Chattanooga, TN-GA
|
97
|
1.67
|
2.75
|
29.42
|
|
Cheyenne, WY
|
109
|
-0.27
|
2.37
|
38.33
|
|
Chicago-Naperville-Joliet, IL
|
183
|
-0.44
|
0.23
|
37.88
|
|
Chico, CA
|
257
|
-2.34
|
-7.45
|
53.7
|
|
Cincinnati-Middletown, OH-KY-IN
|
171
|
0.56
|
0.68
|
14.86
|
|
Cleveland-Elyria-Mentor, OH
|
217
|
0.55
|
-1.67
|
7.36
|
|
Coeur d'Alene, ID
|
188
|
-0.61
|
-0.08
|
81
|
|
Colorado Springs, CO
|
181
|
0.8
|
0.29
|
21.94
|
|
Columbia, MO
|
81
|
2.63
|
3.28
|
27.16
|
|
Columbia, SC
|
24
|
1.18
|
5.3
|
28.81
|
|
Columbus, GA-AL
|
49
|
1.9
|
4.22
|
36.29
|
|
Columbus, IN
|
47
|
1.32
|
4.27
|
16.68
|
|
Columbus, OH
|
163
|
0.77
|
1.05
|
13.5
|
|
Corpus Christi, TX
|
111
|
-0.36
|
2.36
|
32.59
|
|
Dallas-Plano-Irving, TX
|
63
|
0.98
|
3.76
|
16.54
|
|
Davenport-Moline-Rock Island,
IA-IL
|
50
|
1.38
|
4.19
|
22.2
|
|
Dayton, OH
|
150
|
0.52
|
1.43
|
11.29
|
|
Decatur, AL
|
11
|
2.79
|
6.4
|
24.5
|
|
Decatur, IL
|
130
|
-0.38
|
1.77
|
18.02
|
|
Deltona-Daytona Beach-Ormond
Beach, FL
|
264
|
-3.63
|
-9.79
|
69.56
|
|
Denver-Aurora, CO
|
167
|
0.85
|
0.9
|
10.77
|
|
Des Moines-West Des Moines, IA
|
102
|
0.09
|
2.62
|
21.27
|
|
Detroit-Livonia-Dearborn, MI
|
253
|
-1.08
|
-6.11
|
-4.19
|
|
Dubuque, IA
|
124
|
1.32
|
1.93
|
23.67
|
|
Duluth, MN-WI
|
131
|
0.44
|
1.75
|
37.8
|
|
Durham, NC
|
58
|
0.77
|
3.92
|
26.61
|
|
Eau Claire, WI
|
70
|
0.16
|
3.55
|
26.84
|
|
Edison-New Brunswick, NJ
|
222
|
-0.75
|
-2.2
|
50.85
|
|
El Paso, TX
|
12
|
1.62
|
6.29
|
51.79
|
|
Elkhart-Goshen, IN
|
132
|
2.78
|
1.72
|
16.41
|
|
Erie, PA
|
151
|
-0.41
|
1.42
|
17.54
|
|
Eugene-Springfield, OR
|
76
|
-0.32
|
3.41
|
65.54
|
|
Evansville, IN-KY
|
139
|
0.42
|
1.65
|
14.87
|
|
Fargo, ND-MN
|
115
|
0.07
|
2.22
|
31.19
|
|
Fayetteville, NC
|
117
|
0.84
|
2.15
|
27.44
|
|
Fayetteville-Springdale-Rogers,
AR-MO
|
179
|
0.38
|
0.41
|
36.78
|
|
Flagstaff, AZ-UT
|
219
|
-1.34
|
-1.8
|
83.16
|
|
Flint, MI
|
246
|
0.21
|
-5.04
|
0.59
|
|
Florence, SC
|
71
|
1.63
|
3.55
|
23.43
|
|
Fond du Lac, WI
|
85
|
1
|
3.17
|
24.49
|
|
Fort Collins-Loveland, CO
|
168
|
0.3
|
0.89
|
12.77
|
|
Fort Lauderdale-Pompano
Beach-Deerfield Beach, FL
|
269
|
-4.38
|
-10.89
|
69.98
|
|
Fort Smith, AR-OK
|
78
|
-0.97
|
3.37
|
23.99
|
|
Fort Walton
Beach-Crestview-Destin, FL
|
268
|
-5.85
|
-10.37
|
68.17
|
|
Fort Wayne, IN
|
198
|
2.27
|
-0.5
|
9.68
|
|
Fort Worth-Arlington, TX
|
103
|
-0.22
|
2.59
|
16.39
|
|
Fresno, CA
|
276
|
-5.19
|
-12.49
|
67.34
|
|
Gainesville, GA
|
33
|
2.12
|
4.78
|
27.94
|
|
Gary, IN
|
75
|
0.27
|
3.41
|
24.19
|
|
Grand Junction, CO
|
2
|
0.14
|
9.08
|
64.42
|
|
Grand Rapids-Wyoming, MI
|
203
|
1.09
|
-0.71
|
9.2
|
|
Greeley, CO
|
227
|
-0.01
|
-2.53
|
2.12
|
|
Green Bay, WI
|
127
|
0.1
|
1.89
|
19.15
|
|
Greensboro-High Point, NC
|
95
|
0.67
|
2.76
|
17.09
|
|
Greenville-Mouldin-Easley, SC
|
18
|
| |
Terry Kuehn ~ Self-Directed Roth IRA Associate
