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Top 10 ‘Turnaround’ Housing Markets

October 31st, 2012 at Wed, 31st, 2012 at 10:44 am by Rick Schutte

Top 10 ‘Turnaround’ Housing Markets

Western states continue to dominate, showing some of the fastest paces of recovery in the nation’s housing markets. With inventories falling, national median list prices increased 2.54 percent year-over-year during the third quarter, Realtor.com reports.  Whidbey Island is experiencing some of the same tendencies with decreased inventories.

The site released its rankings of the top 10 turnaround towns, based on third quarter housing data of median list price increases, inventory levels, and employment rates.

 

  1. Oakland, CA
  2. Sacramento, CA
  3. San Jose, CA
  4. San Francisco, CA
  5.  Seattle-Bellevue-Everett, WA
  6. Bakersfield, CA
  7. Santa Barbara-Santa Maria-Lompoc, CA
  8. Phoenix-Mesa, AZ
  9. Fresno, CA
  10. Miami, FL

From REALTOR®Mag.realtor.org

What is exciting about this is that with the Seattle/Bellevue market improving, it has a ripple effect and will help the real estate market here on Whidbey Island.

Rick is the owner/designated broker of Coldwell Banker Koetje Real Estate and Koetje Property Management. He has been involved with the real estate industry on Whidbey Island for over 32 years. He is a past president of the NWMLS as well as a current board member of the North Puget Sound Association of Realtors. He has been designated by the National Association of Realtors as a Certified Real Estate Brokerage Manager as well as a Graduate of the Real Estate Institute. Rick can be reached at 360-675-5811 or cbk@WhidbeyRealEstate.com You can also check out his website at http://www.cbkoetje.com

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