Search:

News by Subject
Complete list of specialty news sections.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Mortgage Industry News
Subscription-based news for people who work in real estate finance.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories for your web site or for your RSS reader.

News Archives
Archive of news entries.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Graphs
Directory of lenders, branch operators and mortgage service providers.
home advertise email RSS about us
 
HOT Topics Rates Glossary LO License Search
Consumer Mortgage News
Free mortgage news for current and prospective borrowers from a leading online mortgage industry news publication.



Best Real Estate Markets

Forecast issued for areas with most expected appreciation and depreciation

Jan. 5, 2012

By SAM GARCIA Mortgage Daily


portrait of Sam Garcia

While many areas of the country continue to suffer from falling home prices, some real estate markets are forecasted to see appreciation this year.

During the 12 months ended Dec. 31, 2012, home values are expected to increase more than 3 percent in the strongest U.S. markets.

But struggling markets can expect to see as much as 6 percent depreciation this year.

That assessment came Thursday from Veros Real Estate Solutions.

"The national housing recovery will continue to be gradual and slow without any significant changes in markets," the report stated.

The most optimistic projection was made for Fargo, N.D., where home prices are expected to appreciate 3.5 percent during 2012. Bismarck, N.D., was close behind with a projection of 3.3 percent appreciation. Both markets have low unemployment and a growing population as a result of strong demand for oil and agriculture.

The Washington, D.C., area -- including Virginia and Maryland -- is expected to see 2.9 percent appreciation this year. Veros credited a strong base of government jobs and low housing supply for the optimistic outlook.

Next was Honolulu, where home prices are expected to increase 2.8 percent, then Anchorage, Alaska, with 2.1 percent in projected appreciation.

On the other end of the scale was Bakersfield, Calif., which is expected to see 6.8 percent in depreciation this year.

Other markets forecasted to experience more than 5 percent in price declines during 2012 are Reno-Sparks, Nev.; Las Vegas-Paradise; Sacramento-Arden-Arcade-Roseville, Calif.; and Fresno, Calif.

next story

back to home page

 
Refinance News
News about refinance programs, pricing and production.
H A R P 2.0 News
News stories about the H o m e Affordable Refinance Program including expanded program guidelines.





Copyright © 2016 MortgageDaily.com
MortgageDaily.com Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

pricing engine directory

wholesale lender directory

More Mortgage News Resources (MortgageDaily.com full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

free mortgage news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

refinance news

reverse mortgage news

sales blog

secondary marketing

servicing news

subprime news

wholesale lenders

wireless mortgage news