Sales are up, inventory down, but prices are generally still weak. If you're looking for a success story, however, try Grand Rapids, Mich., Cedar Falls , Iowa and Green Bay, Wis.
In cities like Denver, Salt Lake City and Albuquerque, inventory is down, traffic is up and prices are stabilizing.
While the entry-level homebuyers market is making a comeback in Boston, high-end luxury properties are once again the object of bidding wars in New York, with demand outpacing supply for the first time in five years.
In Seattle, greater demand for inner-city homes and low inventory have driven many deals above their asking prices, while investors have returned to Portland to pick up bargains.
If you’re looking for a cross-section of the housing market in the Southeast, Miami, Louisville and Atlanta are in varying stages of recovery, and each seems to be playing out a different style of rebound from the housing market’s colossal bust.
Residential real estate in Texas and other central states is a well-oiled machine. Literally — energy production in the central U.S. has helped bolster the region’s economies, and that has translated to the local housing markets.
An improving jobs outlook in Northern California, continued low mortgage rates and the ongoing influx of new residents into the Golden State provide support to a healing housing market.