Alaska real estate sales were ranked number 5 in terms of appreciation in 2007. Unfortunately, no specific town or city like Anchorage was in the top twenty cities in the United states real estate market for appreciation, but being in the top 10 is a good report for the Alaska economy. The Office of Federal Housing Enterprise Oversight (OFHEO) produced an 88 page reports that says Alaska real estate sales were number 5 in the list of states that had "...positive four-quarter appreciation" in 2007...". The report has lots of positive information, but it hasn't been widely publicized. The list of states and their ranking by appreciation over 2007 is on page 25 of the .pdf report. It seems that Alaska is one area of the country that should continue to see a positive real estate market.
80% of the United States had POSITIVE appreciation in 2007 according to the chart page 25 and 26 of the report. And, of the 291 cities monitored in the report, 65% of US cities had appreciation. Too bad these statistics aren't being widely reported. This report uses a few different set of statistics to show different aspects of the housing market.
United States real estate still provides one of the best available forms of investment for people looking to grow wealth over the long run. Real Estate professionals should be using blogging, newslettering, pressreleasing, emailing, and any other useful method to get this positive news out!
The report can be found at: http://www.ofheo.gov/media/pdf/4q07hpi.pdf
Happy Selling and Listing!
If REindex.com, The Site Engine® hasn't already found your site and linked to it (and they do it free), fill out their form and they'll look at it.
Comments(0)