|
Hear Hot Property with Ozzie Jurock every Saturday morning between 8:30-10 am on CKNW AM980
Tip of the Week:
6/30/07
Not all the USA is down...
According to CNN Money....
In Seattle, for example, the median home sale price was $380,200
during the first three months of 2007, according to the latest
stats from the National Association of Realtors (NAR). That's
a 12.3 percent year-over-year increase.
Salem, Oregon, had a 15.6 percent increase for the 12 months,
which did bring it up to just over the national norm to $221,600,
but all the other markets were substantially below it.
In Cumberland Maryland, which had the largest home-price increase
in the nation by percentage (up 17.1 percent), the median home
sold for just $100,000.
Farmington, New Mexico, where home prices appreciated 12 percent,
has a population of just 125,000 in its metro area, which is fewer
than some small, central-city neighborhoods in New York or Chicago.
San Antonio and Oklahoma City and Beaumont, Texas, where prices
rose 16.5 percent.
MAJOR POINT: VALUES GROW WHERE JOBS GO...
The main ingredient is a set of positive fundamentals, including
strong job and population growth, which then fuel demand for houses.
More tips
|
hot property 
