Local Market Reports Archive

FHA Market Share

Surprisingly, the state with the highest share of FHA backed sales in the 1st quarter of 2011 was Utah at 35% followed by California and several states from the middle-Atlantic region of the US. To find out how your...

Phoenix: Progress, but a Long Haul Ahead

Phoenix was an epicenter for the sub-prime crisis. Speculative home buying with risky mortgage vehicles was common and resulted in a tremendous drop in home sales and the median home price. After stabilizing, the median price slid again in...

A Stumble, but Strong Prospects in Lincoln

By Ken Fears Manager, Regional Economics Home sales fell off sharply in Lincoln, Nebraska during the second half of 2010. The decline in sales tripped up the price momentum which Lincoln had for the first three quarters of 2010....

Steady So Far in Buffalo

The housing market in Buffalo, New York performed remarkably well during one of the worst national markets in memory.  Prices rose steadily over the last four years driven by strong fundamentals and a slow, steady pattern of growth.  However,...