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Real Estate Outlook 2012

  • Real Estate Outlook - A CNBC Special Report
    CNBC Poll: Has Residential Real Estate Rebounded in Your Area?

    As national home sales begin to recover and the foreclosure market thins out, real estate is in varying stages of recovery. What do you think?

  • Real-Estate-Outlook-map-midatlantic.jpg
    Washington D.C. and Its Suburbs Prime Attraction

    Thanks to high gasoline prices, today's home buyers want to be close in. D.C., with so many  thriving suburbs and an expansive Metro system, offers ample opportunity.

  • Real-Estate-Outlook-map-northwest.jpg
    Buoyant Tech Sector Providing a Boost

    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.

  • Although it’s unclear whether the overall U.S. housing market is on the mend, some are doing decidedly better than others, Some, in fact, managed to Even as home sales pick up, it is clear a significant number of homes purchased in today’s market are bought by investors looking to generate rental income, according to the While price trends are important, sellers also need to be aware of the length of time a property is likely to sit on the market before being bought. The faster that homes sell,
    Cities Where Homes Sell The Fastest

    With inventory high and demand low in many metro areas, it's common for properties to languish on the market. You have a better shot at avoiding that if you live in these cities.

  • The housing market remains shaky amid an improving, broader economy. And after years of declines, homeowners have changed their priorities in home improvement. Duo Dickinson, a home remodeling architect for more than 30 years, has seen his share of ups and downs in real estate. But this time, it is different, he says. Instead of waiting for flush times again, homeowners are scrapping second-home dreams and fancy remodeling projects. They’re focusing instead on staying put and value-focused home
    Post-Bubble Home Improvement Rules

    Man caves? Jacuzzis? Great rooms? Who needs them? Big, fancy and expensive are out; small, utilitarian and frugal are in. Oh, and so is the outdoors!

  • Just a few years ago, when foreclosures were coming fast and furious, some cities experienced more than their fair share of the pain. It stood to reason that the harder hit a city was, the less likely it was to make a hasty recovery. However, according to the official site of the National Association of Realtors, some of the cities whose housing markets bore the brunt of the foreclosures are now leading the way toward recovery.Using data from Realtor.com, CNBC.com ranks the cities with the most
    Top 10 Turnaround Towns

    When foreclosures were fast and furious, some cities experienced more than their share of the pain. Check out which American cities made this year’s list of the top 10 turnaround towns.

  • Real-Estate-Outlook-map-southwest2.jpg
    Energy Industry Keeps Markets Strong

    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.

  • Real-Estate-Outlook-map-mountain.jpg
    Major Markets Looking Up

    In cities like Denver, Salt Lake City and Albuquerque, inventory is down, traffic is up and prices are stabilizing.

  • Real-Estate-Outlook-map-southeast.jpg
    Three Cities, Three Stages

    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.

  • Real-Estate-Outlook-map-northeast.jpg
    A Tale of Two Recoveries

    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.

  • Real-Estate-Outlook-map-midwest2.jpg
    Smaller Cities Leading the Rebound

    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.

  • Real-Estate-Outlook-map-california.jpg
    Survival of the Biggest

    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.

  • Florida Buildings
    All Over the Place

    The residential rebound is under way in fits and starts, but it is volatile, and it is local.

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