Articles by Eric Fox

2-city housing boom hits Nevada

Reno, Carson City jump in Veros index
Reno will appreciate at a rate of 9.5% over the next year. The neighboring Carson City MSA is also projected to see property values appreciate at 9.5%. Neither was in the Top Ten for home price appreciation last quarter. So what happened?
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This southern MSA's property values keep rising

Which city has seen an uptick in appreciation?
This southern city is predicted to see a 7.6% rate of real estate appreciation over the next year and is ranked 39th out of 354 MSAs analyzed in Veros' latest VeroFORECAST. Where is it? Read more to find out.
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Bottom's up: Here are 10 markets projected to see depreciation

See which markets are projected to depreciate or stay the same
Veros' Eric Fox breaks down the U.S. markets with lowest projected appreciation. Of the previous quarterly report's 10 MSAs predicted to depreciate or remain unchanged over the next year, seven moved up and out of the bottom list this quarter. Read more to find out which markets made the list.
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Is real estate appreciation shifting west?

Forecasts of higher real estate appreciation continue to tilt west
Just as America's population growth moved west from the Atlantic, real estate appreciation is trending in that direction, too. According to projections from Veros released last month, a graph of the nation's highest-appreciating Metropolitan Statistical Areas through May 2019 might look like a wave cresting towards the West Coast.
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This MSA is leading in real estate appreciation

Real estate values to continue rising
The latest VeroFORECAST report predicts a slight uptick in the national average of real estate appreciation, while this MSA remains in the lead for appreciation for the second quarter. Check out Veros VP of Statistical and Economic Modeling Eric Fox's breakdown of the data.
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Property values will rise modestly in this MSA

Third-largest MSA to see increase in appreciation
According to the most recent VeroFORECAST from Veros Real Estate Solutions, this sprawling MSA not only ranks behind New York and Los Angeles in terms of population, but also in its predicted real estate appreciation through March 2019. Read on to learn more about this MSA.
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The art of real estate appreciation

In this coastal MSA, rising property values go with its cultural scene
Many things contribute to the coastal California MSA of San Diego-Carlsbad-San Marcos. In addition to its near-monotonous temperate climate, growing economy, point-of-entry position, the huge Marine and Naval installations that are again benefiting from increased military spending, the area boasts a quality of life that continues to attract homebuyers and push home prices higher.
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Greater Austin should keep getting great property values into 2019

Appreciation for the Heart of Texas
[Expert Commentary] For some time, the Austin area has also been able to lay claim to an upward trending economy that currently includes projected real estate appreciation of 5.4% over the next year. With a current supply of homes that has been inching up, and now stands at 3.3 months, the rapidly growing metro area is certainly likely to keep the Lone Star state popular with lenders.
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Boise poised at the right angle for housing growth

Idaho's biggest MSA mixes population growth and low unemployment for strong projected appreciation
Treasure Valley, indeed! The data used for the VeroFORECAST shows the Boise-Nampa MSA has a very tight 1.7 months supply of homes, meaning that if no listings were added and demand continued at the current rate, everything currently for sale would be gone in about seven weeks. 
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