Alaska Real Estates

January 6, 2008 8:59 AM | Alaskan Photo Tours

alaska real estates

Only 6 States Real Estate Appreciating Yet

Home sales in the overwhelming majority of local real estate markets have declined throughout the U.S., according to the latest survey Predictor.com Housing, a leading information website that provides real estate market forecasts in the 50 U.S. states.

86% of the 350 U.S. markets regularly surveyed markets have become buyers. Many have become in markets have become marketable enough to be beneficial to buyers after almost five years of appreciation upwards.

Only six states local markets real estate remain favorable for sellers, most of which are in the southeastern part of the nation. Only the last frontier of Alaska remains elsewhere as the longest duration seen strong hold on the largest national real estate market appreciation in U.S. history.

However, due to slower market dynamics and upward mobility in the housing market in Alaska is also still not only showing strong signs to assess, but if weather conditions well in cyclical slowdown coming winter weather throughout the latter part of 2006.

Louisiana Mississippi, Alabama, Arkansas and Kentucky are the last strongholds with local real estate markets that are still appreciated. The Southeast is growing at the fastest pace in U.S. history.

Lenders and real estate agents in Nashville, Tennessee still report on home sales brisk levels. Other markets scattered in three other southern states report sales figures are equally compelling.

The national inventory of resale homes, condos and townhouses has come historical standards and foreclosures in some areas of the country and are becoming commonplace, including Denver, Colorado and Indianapolis, Indiana.

Historically low interest rates kept in check by the Federal Reserve Board provided a fast paced market in many areas of the country during as long as five years until the Fed raised interest rates for borrowers on 17 occasions.

Now faced with a housing market nationwide and the possibility of worsening inflation, Fed officials have the task policy of the balance to keep inflation in check without tipping the cart to cause more economic problems.

The new lending guidelines have also been established in many cases to help prevent fraud loans the heels of FBI reports that loan fraud is a national epidemic.

Fraud is expected to reach $ 5 billion, according to many analysts. But compared to the massive fraud that swept the housing market in late 1980 caused by the savings and loan scandal of evolution is mild in comparison. The S & L crisis was estimated to cost every man, woman and child in the U.S. $ 10,000.

The real estate market has tended clearly a buyers' market, where prices are falling in many areas. Multiple List of national reports indicate a decrease in volume sales. Economists expect sales to improve real estate prices lower, and seek to improve the slowdown in early 2007.

About the Author

Mike Colpitts is the editor of Housing Predictor, an information driven website, which forecasts local real estate markets in all 50 US States. Visit http://www.HousingPredictor.com

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