Updates, news and information about Whidbey Island Real Estate.
Top 10 ‘Turnaround’ Housing MarketsOctober 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.
- Oakland, CA
- Sacramento, CA
- San Jose, CA
- San Francisco, CA
- Seattle-Bellevue-Everett, WA
- Bakersfield, CA
- Santa Barbara-Santa Maria-Lompoc, CA
- Phoenix-Mesa, AZ
- Fresno, CA
- Miami, FL
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.