Housing Market Good For Buyers In Some Places, For Sellers In Others By Sharon O'malley

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Slow-rising home values might be bad news for sellers, but homebuyers can find some good deals around the country as the slow-recovering economy stymies housing prices. On the other hand, the bidding wars that continue in some West Coast communities are lining property owners’ pockets, as buyers shell out huge sums for sometimes-ordinary homes. According to a Zillow analysis, the 10 top markets for home sellers, determined by short length of time on the market; infrequent price cuts; and a good chance that owners will get their asking price, are, in order: San Jose, CA; San Francisco, Seattle, Dallas-Fort Worth; Denver, Riverside, CA; Las Vegas, Los Angeles, Nashville and Sacramento, CA. The top 10 buyers’ markets, determined by longer times on the market and the number of homes for sale whose asking prices have been cut, are: Providence, RI, Cleveland, OH, Philadelphia, Milwaukee, Chicago, Pittsburg.

From www.constructiondive.com
Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
407 N. Howard Avenue
Suite 100
Tampa, FL 33606

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