23 Housing Markets Show Big Improvement

By
Real Estate Agent with F.C.TuckerEmge Realtors, LLC

Double the number of housing markets moved into the “improving” category this month compared to last month, according to the National Association of Home Builders/First American Improving Markets Index, which debuted last month.

Twenty-three housing markets qualified as “improving” compared to 12 last month. Metro areas are considered “improving” if they show an improvement in housing permits, employment, and housing prices for at least six months. Texas cities appear the most frequently on the list.

"Both the number and geographic diversity of improving housing markets expanded this month, with Iowa, Illinois, and South Carolina all newly represented by one entry or more on the list," Bob Nielsen, NAHB chairman, said in a statement. "This is further evidence that, despite the tough conditions that persist in many cities, pockets of improvement are emerging in local housing markets across the country."

The following are the 23 markets labeled “improving” in October, according to NAHB’s index:

  • Alexandria, La.
  • Amarillo, Texas
  • Anchorage, Alaska
  • Bismarck, N.D.
  • Casper, Wyo.
  • Fairbanks, Ark.
  • Fayetteville, N.C.
  • Houma, La.
  • Iowa City, Iowa
  • Jonesboro, Ark.
  • Kankakee, Ill.
  • McAllen, Texas
  • Midland, Texas
  • New Orleans, La.
  • Odessa, Texas
  • Pine Bluff, Ark.
  • Pittsburgh, Pa.
  • Sherman, Texas
  • Sumter, S.C.
  • Waco, Texas
  • Waterloo, Iowa
  • Wichita Falls, Texas
  • Winston-Salem, N.C.

By Melissa Dittmann Tracey, REALTOR® Magazine Daily News

Source: http://realtormag.realtor.org/daily-news/2011/10/07/23-housing-markets-show-big-improvement

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About Me The Trentini Team of F.C. Tucker EMGE REALTORS® provides exceptional service to each of their clients as they help them to achieve their real estate goals. With their knowledge, experience and background, both Kathy and Rolando bring one-of-a-kind perspectives to the table during all of their real estate transactions. Their excellent communication skills combined with their passion for real estate allows The Trentini Team to follow through every time with the highest level of service possible. Rolando and Kathy are your premier Evansville and Newburgh, Indiana real estate source. They can help you buy your dream home or sell your current home for the best price possible. To learn more about what The Trentini Team can do you for you, contact us today!