Where Home Prices Are Hot Now (Charlotte, Raleigh: homes, buyers, housing)
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Where Home Prices Are Hot Now
by Dean Treftz Friday, May 11, 2007
Despite a National Downturn, Some Markets That Missed the The Housing Boom Are Thriving; Fleeing Florida for Charlotte
The housing news isn't all grim. Even as prices sag nationwide, there are several cities in the country where home values are climbing smartly. Portland, Ore., Boise, Idaho, Seattle, Salt Lake City, Houston, Austin, and Charlotte and Raleigh, N.C., are among the cities bucking the national trend. Homes' appreciation there between the fourth quarters of 2005 and 2006 far exceeded the national average of 5.9%, according to the Office of Federal Housing Enterprise Oversight.
...Now, their economies are strong and housing prices are still perceived as affordable, luring buyers into the market.
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Where Home Prices Are Hot Now
by Dean Treftz Friday, May 11, 2007
Despite a National Downturn, Some Markets That Missed the The Housing Boom Are Thriving; Fleeing Florida for Charlotte
The housing news isn't all grim. Even as prices sag nationwide, there are several cities in the country where home values are climbing smartly. Portland, Ore., Boise, Idaho, Seattle, Salt Lake City, Houston, Austin, and Charlotte and Raleigh, N.C., are among the cities bucking the national trend. Homes' appreciation there between the fourth quarters of 2005 and 2006 far exceeded the national average of 5.9%, according to the Office of Federal Housing Enterprise Oversight.
...Now, their economies are strong and housing prices are still perceived as affordable, luring buyers into the market.
Moderator cut: Bulk of copyrighted material removed (post brief excerpt only)
Copyrighted, Dow Jones & Company, Inc. All rights reserved.
Where Home Prices Are Hot Now
by Dean Treftz Friday, May 11, 2007
Despite a National Downturn, Some Markets That Missed the The Housing Boom Are Thriving; Fleeing Florida for Charlotte
The housing news isn't all grim. Even as prices sag nationwide, there are several cities in the country where home values are climbing smartly. Portland, Ore., Boise, Idaho, Seattle, Salt Lake City, Houston, Austin, and Charlotte and Raleigh, N.C., are among the cities bucking the national trend. Homes' appreciation there between the fourth quarters of 2005 and 2006 far exceeded the national average of 5.9%, according to the Office of Federal Housing Enterprise Oversight.
...Now, their economies are strong and housing prices are still perceived as affordable, luring buyers into the market.
Moderator cut: Bulk of copyrighted material removed (post brief excerpt only)
Copyrighted, Dow Jones & Company, Inc. All rights reserved.
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