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Archive for January 10th, 2012

More Cities Join ‘Improving’ Housing Market List

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Daily Real Estate News | Tuesday, January 10, 2012…The National Association of Home Builders’ list of improving housing markets nearly doubled this month, as more cities showed signs of a rebound with their real estate markets.

The list now contains 76 improving markets, up from 41 in December, according to NAHB’s and First American’s Improving Markets Index, a monthly gauge that measures a city’s improvements in housing permits, employment, and housing prices for at least six months.

“The fact that the list of improving housing markets nearly doubled this month shows that a significant, positive trend is developing, and is even more relevant when you consider the expanding geographic distribution of the list — which now includes 31 states and the District of Columbia,” NAHB Chairman Bob Nielsen said in a statement.

These cities were added to the list in January:

• Florence, Ala.
• Tuscaloosa, Ala.
• Fayetteville, Ark.
• Denver, Col.
• Greeley, Col.
• Bridgeport, Conn.
• New Haven, Conn.
• Cape Coral, Fla.
• Jacksonville, Fla.
• Punta Gorda, Fla.
• Honolulu, Hawaii
• Ames, Iowa
• Des Moines, Iowa
• Dubuque, Iowa
• Elkhart, Ind.
• Indianapolis, Ind.
• Lafayette, Ind.
• Lake Charles, La.
• Worcester, Mass.
• Grand Rapids, Mich.
• Lansing, Mich.
• Monroe, Mich.
• Minneapolis, Minn.
• Columbia, Mo.
• Joplin, Mo.
• Fargo, N.D.
• Manchester, N.H.
• Cincinnati, Ohio
• Oklahoma City, Okla.
• Tulsa, Okla.
• Corvallis, Ore.
• Erie, Pa.
• Philadelphia, Pa.
• Chattanooga, Tenn.
• Clarksville, Tenn.
• Nashville, Tenn.
• College Station, Texas
• Dallas, Texas
• Victoria, Texas
• Madison, Wisc.

Source: National Association of Home Builders; Daily Real Estate News (011012); Blog distribution provided by Kenneth Bargers and Bargers Solutions, a proud member of Pilkerton Realtors, residential real estate services located in Nashville, Tennessee

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