Jan

5

2010

Sarasota Real Estate Owners Fail To Crack Top 25 List

Sarasota real estate owners desperately want to crack the top 25 of Housing Predictor’s best housing markets nationally.

Sarasota real estate WILL float again...selling with equity & not despair and short sale!

You’d better believe I want to find something good to discuss about the Sarasota-Bradenton housing market.

…without side-stepping market reality and help for homeowners facing this reality.

After 3 years of double digit LOSSES, I want to see housing market stability. Yep, I’ll settle for stabilization as markets throughout the country break into positive appreciation

Positive appreciation…oh, how I miss those days. They seemed like such an eternity ago. As millions face losing their homes (or have lost their homes), I’m searching for any good news I can find.

Click Read More below now for Housing Predictor’s top 25 housing markets nationally. You’ll love seeing POSITIVE numbers…no minus signs in front of double digits.

TOP 25 SCORE BIG

The Best 25 Housing Markets named annually by Housing Predictor hold the strongest likelihood of housing inflation of all 250 market predictions issued.

Despite the weak economy, home sales are increasing in the majority of the country and are projected to improve over at least the first half of the year boosted by the federal
government’s expansion of the first time home buyers’ tax credit to move-up buyers.

Propelled by bargain prices, four Ohio markets top the list of the best 25. Prices got so low in most of Ohio that they have only one way to go. Bankers slashing prices of foreclosures and short sales are setting a new standard for the real estate industry in order to try and save their
institutions from failure.

Twelve states are represented on the top 25 list, including many midwest and northern-tier states, which have been less severely impacted by the housing crisis. In all, 44 markets are currently forecast to experience housing inflation in 2010. As we encounter the most challenging real estate market since the Great Depression, the predictions here will
be updated and change over the year.

BEST 25 HOUSING MARKETS 2010

Rank-  Real Estate Market-  Forecast
1.       Cleveland, OH            10.4%
2.       Columbus, OH              9.4%
3.       Cincinnati, OH              8.8%
4.       Toledo, OH              6.5%
5.       Lafayette, LA             5.4%
6.       Des Moines, IA              5.1%
7.       Arlington, VA              4.8%
8.       Juneau, AK              4.2%
9.       Davenport, IA              4.2%
10.        Baton Rouge, LA              4.0%
11.        Austin, TX              3.6%
12.       Marquette, MI              3.2%
13.        Fargo, ND              3.1%
14.       Charleston, WV              3.1%
15.        Iowa City, IA              3.1%
16.        Shreveport, LA              2.9%
17.       Bismarck, ND              2.9%
18.       Rapid City, SD             2.8%
19.       Philadelphia, PA             2.7%
20.        Grand Rapids, MI              2.7%
21.        Sioux Falls, SD              2.7%
22.        Morgantown, WV              2.6%
23.       Omaha, NE              2.5%
24.       Bellevue, NE              2.3%
25.        Pittsburgh, PA              2.3%

Congratulations to ALL 25 markets. Oh, how I’d love to see Sarasota-Bradenton (or any Florida town/city) break on to this list. Nonetheless, I’m happy for the Ohio markets. They’ve suffered so much pain…they deserve some relief.

My wife and I have lots of family in and around Omaha (NE). They barely hear the word foreclosure. Of course, they never experience the housing boom as we did (though I wish we hadn’t), so their lives go on with modest (and enviable) 2.5% appreciation.

Sarasota real estate owners will continue fighting to avoid foreclosure and retain life as normal (as difficult as this might be). Did you notice all 25 cities get hammered with snow? You see, they need something to celebrate as another blizzard with minus temps throws another 10 feet at their doorstep. Let me know what questions or comments you have. Go below and drop me a comment or question. Call me if you have specific questions about buying or selling a house/home in the Sarasota-Bradenton area.

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