WHAT TEN CITIES WILL SEE HOME PRICES RISE IN 2011?

Below is the latest news which is interesting! To see home prices rising anywhere is a good thing!

Rich Kemper

REALTOR, Keller Williams Realty

CDPE – Short Sale Specialist

PCS Military Relocation Specialist

Cell:  813.777.5332

Fax:  813.684.8400

Email:  getrichquick2@aol.com

www.fishhawkhomesforsale.com

www.tamparealestate4you.com

I don’t work from 9 to 5. I work from start to close!

10 Cities Where Home Prices Will Rise in 2011
While home prices are expected to continue to fall in most metro areas, Clear Capital’s Home Data Index report says a few cities are already on the rebound and showing some gains in home values.

“There really is this segmentation of these markets occurring where the one-size-fits-all national level numbers to represent all numbers really isn’t valid anymore,” Alex Villacorta, senior statistician at Clear Capital, told MSNBC. “Overall we’re seeing prices start to stabilize going into 2011, but unfortunately some of those markets will stabilize in the downward direction where others will see a sustained recovery.”

Clear Capital takes into account unemployment rates, foreclosure rates, and real estate inventory in its index.

The following is a list of 10 cities that Clear Capital expects will rise in property value in 2011:

1. Washington, D.C.: 6.5 percent price increase
2. Houston: 3.6 percent price increase
3. Honolulu: 3.4 percent price increase
4. Memphis, Tenn.: 3.2 percent price increase
5. Columbus, Ohio: 2.1 percent price increase
6. Dallas: 1.4 percent price increase
7. New York: 1.3 percent price increase
8. Birmingham, Ala.: 0.9 percent price increase
9. Pittsburgh: 0.8 percent price increase
10. New Orleans: 0.5 percent price increase

Meanwhile, Clear Capital reports that real estate markets in Florida and the Western parts of the U.S.—such as cities in Arizona and “Breadbasket metros” like Oklahoma City, Okla., and Dayton, Ohio—likely will see the largest price drops in home values over the year. Virginia Beach, Va., is expected to have the highest drop in 2011, with a 12.8 percent price decrease, according to Clear Capital report.

Source: “Where Home Prices Will Rise, Fall the Most in 2011,” MSNBC (Jan. 26, 2011)

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NEW STATS AS OF 2/2/11! REAL ESTATE SALES UP FOR 6TH MONTH IN A ROW!

As a real estate agent I am always interested in the most recent statistics on the housing market. But not only real estate agents are interested in the most recent statistics and trends in the real estate market. Anyone who owns a home is interested in where the maket is and where it’s going as most of us are upside down in our homes and can’t move even if we wanted too! Click on the link below to watch a video sent to me in my email this morning 2/3/11 from NAR (National Association of Realtors). 

   NAR VIDEO ON LATEST REAL EASTATE STATISTIC

DON’T FORGET ABOUT THE ROAD RACE THIS WEEKEND FEBRUARY 5, 2011

For all of you runners out there, this is a nice well established race that is run very well! It’s the 14th Annual FishHawk Ranch Road Race  and is is taking place on Saturday February 5, 2011. The races begin at 8 a.m. and 9:30 a.m. at Park Square, and will consist of a chip-timed 5K, 10K and a one-mile kid’s race. The new chip-timed races are pretty cool!. You attach the chip to like your shoe lace etc. and this makes the times exact. Pretty cool technology! What will they come out with next. Last year there were about 800 runners and it grows larger each year.
If you are a runner you have to come and try this race out. Race shirts are guaranteed for the first 500 adults and 100 kids registered and the cost to enter is $30 for adults and $15 for kids. If you want to go ahead and register, visit http://www.fishhawkranch.com/ where you can register online or print out the registration form. With the recent increase of new home construction in the area parking is a bit harder to find, but have no fears, runners and visitors can take advantage of parking available at the town center as well as the Palmetto Club and the Aquatic Club.
 Come on out and visit our wonderful community. If you are interested in moving in to our community and just want to look at what is for sale sale go to my website at http://www.fishhawkhomesforsale.com/ and look around or give me a call. I specialize in FishHawk homes for sale, Lithia homes for sale, Riverview homes for sale, Apollo Beach homes for sale, Valrico homes for sale, Brandon homes for sale, and Plant City homes for sale.

 

Rich Kemper
REALTOR, Keller Williams Realty
CDPE – Short Sale Specialist
PCS Military Relocation Specialist
Cell:  813.777.5332
Fax:  813.684.8400
I don’t work from 9 to 5. I work from start to close!