COLUMBIA, 3/12/11 (Beat Byte) --
Although most real estate markets nationwide continued to register home price
declines, Columbia, Missouri joined 21 other mostly mid-sized cities with
reasonable price appreciation: 5.07% over the past year, landing our town
in Realtor.com's top three markets on the upswing.
Five other cities showing annual real estate price gains
were Fort Lauderdale, FL; (18.38 percent); Fort Collins-Loveland, CO (5.57
percent); Fort Wayne, IN (4.77 percent); Savannah, GA (4.18 percent); and Tyler,
TX (3.94 percent).
The information is a first for Realtor.com,
which aggregates listing information from some 933 multiple listing (MLS)
services. The online real estate database has never before released key metrics
on search, inventory, prices and volume.
The report also showed that the number of searches for
homes by buyers on Realtor.com -- an indicator of future demand -- rose 10
percent over a year ago.
The news wasn't all good, however. Record numbers of
distress sales from foreclosures came on to the market in 2010.
No comments:
Post a Comment