Kenneth Bargers Blog

12 Housing Markets Seeing the Biggest Turnarounds

The National Association of Home Builders is debuting a new economic index that highlights metro areas that are seeing the most improvement in their housing markets. The First American Improving Markets Index reveals 12 metro areas that have seen a turnaround for at least six months in three core economic areas — housing permits, employment, and housing prices.

“Despite the challenging conditions in the national economy and housing sector, there are areas throughout the country where we are seeing pockets of improvement,” Bob Nielsen, chairman of NAHB, said in a statement. “We created this new index to shine a light on those housing markets across the country that have stabilized and have begun to show signs of recovery.”

Here are the 12 cities that have seen the biggest improvements, according to NAHB’s new index:

• Alexandria, LA
• Anchorage
• Bangor, ME
• Bismarck, ND
• Casper, WY
• Fairbanks
• Fayetteville, NC
• Houma, LA
• Midland, TX
• New Orleans
• Pittsburgh
• Waco, TX

Source: REALTOR® Magazine Daily News, 091211; Blog distribution provided by Kenneth Bargers and Bargers Solutions, a proud member of Pilkerton Realtors, residential real estate services located in Nashville, Tennessee

September 12, 2011 - Posted by kbargers | real estate | bargers solutions, blog, current economic conditions, first american improving markets index, home buying, home selling, housing markets seeing the biggest turnarounds, kenneth bargers, Nashville, National Association of Home Builders, pilkerton realtors, realtor magazine, tennessee