Uncertainty and restraint are the order of the day in this economy, and that sense of caution is reflected in home owners’ return on their investment in remodeling projects, according to REALTORS® in 80 metropolitan markets surveyed by Remodeling magazine for this year’s Cost vs. Value Report.
According to Forbes Magazine financially St Louis ranked number 3 of the 40 largest metropolitan areas based on appreciation, rental levels and vacancy rates. Here are the top ten. 1. Houston 2. Austin, Texas 3. St. Louis 4. Philadelphia 5. San Antonio, Texas 6. Dallas 7. Charlotte, N.C. 8. San Francisco 9. Jacksonville, Fla. 10. Atlanta Forbes magazine Maurna Desmond article
by Lawrence Yun, NAR Chief Economist Copyright National Association of REALTORS®, Reprinted from REALTOR.org with permission Though the national headlines have been pounding out the news of a housing market meltdown, implosion, and collapse, all markets are not equal. In NAR’s latest metro price survey, roughly half of the country experienced a price increase. Upstate […]