Items Tagged with 'VeroFORECAST'

ARTICLES

  • Here are the 10 MSAs with the lowest appreciation

    VeroFORECAST predicts 7 out of 10 markets will see property values decline
    [Expert commentary] The latest VeroFORECAST report shows that 351 Metropolitan Statistical Areas will experience property appreciation in the next year. But, of the bottom 10 MSAs, seven will see values decline between -0.2% and -2.2% in 2019. The two most troubled markets? Farmington, New Mexico, and Vineland-Millville-Bridgeton, New Jersey.
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  • This real estate market will see almost 12% in appreciation

    This Washington state MSA is projected to lead in appreciation
    According to the latest VeroFORECAST, this MSA is projected to see 11.7% appreciation for single-family residences and 11% appreciation for condos and townhomes and its market remains one of the strongest markets in the country, with its extremely low 1.4-month supply of homes struggling to fill the demands of its growing population.
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  • How real estate may fare in Fargo, North Dakota

    Property values are projected to appreciate at just over 3% through next May
    Fargo's notoriety, at least as a pop culture reference, has been on the rise since the release of a Coen brothers' comedy in 1996 and recent success of the television series it inspired. But when it comes to property values in the Fargo, ND-Moorhead, MN, MSA, the projected rise will be modest at best, according to VeroFORECAST projections. Read an exclusive analysis from Veros' Eric Fox to learn more.
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  • Restarting motor city

    After bankruptcy and bailout, fortunes in Detroit-Warren-Livonia, Michigan MSA are turning over again
    Five years ago, Detroit, the principal city in the Detroit-Warren-Livonia, Michigan Metropolitan Statistical Area, was declaring bankruptcy with debt estimates as high as $20 billion. This summer, those troubles seem comfortably in the rearview, according to the latest VeroFORECAST, which shows that real estate values in the nation's 14th most populous MSA are predicted to increase at an average of 6.8% over the next 12 months.
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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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  • This Florida metro is predicted to see a rising tide of appreciation

    Which Gulf Coast metro is predicted to see measured appreciation this year?
    This market has a modest supply of homes at 4.5 months and is expected to experience good appreciation over the course of the next year thanks to its healthy 10% population growth it has experienced over the last decade. Where is it? Click to find out.
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  • This market is about to see a housing downturn

    Which city and surrounding MSA rank fifth lowest in VEROForecast?
    With a projected -0.6% drop in home prices over the next year, Peoria and its surrounding MSA ranked the fifth lowest on Veros Real Estate Solutions VEROForecast for this year. Veros' Eric Fox explains that a recent move by manufacturer Caterpillar to relocate its headquarters from Peoria to Chicago may be the cause.
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