There are still hot real estate markets in America, according to
the latest survey of real estate markets in Real Estate Add.com.
The website offers real estate market information on all 50
States.
Despite increasing interest rates and a slower National real
estate market reported by the National Association of Realtors
by 1.7% in November, there are some real estate markets
scattered all over the United States which remain hot.
Salt Lake City, Utah is a buyers haven. There are also other
local real estate markets that are undiscovered by many that
have some of the best appreciation to come in future years.
Columbia, South Carolina is turning into a buyers paradise with
one of the most affordable housing markets in the country. The
average price of a single family home is just under $130,000,
turning Columbia into a retirement haven.
Spokane, Washington is another example of a local real estate
market that is hot. Spokane hasn't seen this much real estate
activity since 1992 as more and more Californians and others
flock to the Pacific north-west.
The state of Texas may provide the next big boom market in the
nation. The U.S. Census Bureau says 46% of the nation's
population will live in Texas, California and Florida by 2030.
All three states are gaining in population. Despite the series
of hurricanes to hit Florida over the last two years, 1,100
people a day are moving to the sunshine state, according to
state officials.
There are tens of thousands of real estate sites on the web. But
nothing like Real Estate Add, which recently changed its name
from America's Real Estate Digest. All 50 U.S. States real
estate markets are profiled on the website.
The information driven website was started just a few months ago
by Florida real estate agent Mike Colpitts as an answer to
clients demands for more information on real estate across the
Nation. "Every time I'd work with a real estate client whether
it was in California, where I started selling real estate," said
Colpitts, "Washington State or now in Florida where I make my
home, clients would ask me what the real estate market was like
somewhere else in the Nation.
"I didn't live where they were referring to, but I always made
it my business to know what other markets were like. The
resources were bleak with the exception of an occasional report
from the mass media or the annual report from the National
Association of Realtors. So I decided to start Real Estate Add
on the internet to give consumers the information they want in
today's information driven society."
There are residential and commercial real estate markets where
investors will make fortunes and there are markets where you
better sell today before it's too late tomorrow unless you're
going to hold on for the long haul. In Real Estate Add find out
about local real estate markets all over the Nation.
About the author:
Mike Colpitts is the publisher of Real Estate Add.com. Mike has
been selling real estate since 1989, before which he worked as a
professional journalist. Visit
http://RealEstateAdd.com
