http://www.fhfa.gov/Media/PublicAffairs/Pages/US-House-Prices-Rise-3pt1-Pct-in-3Q-Up-7pt8-Pct-over-the-Last-Year.aspx
No wonder we were all really busy. It's an interesting article and tells you where in the country most impacted.
Boise City, ID, where prices increased by 16.4 percent. Prices were weakest in Baton Rouge, LA, where they increased by 2.1 percent. The Mountain region did the best!
House prices rose in all 50 states and the District of Columbia between the third quarters of 2019 and 2020. The top five areas in annual appreciation were: 1) Idaho 14.4 percent; 2) Arizona 11.1 percent; 3) Washington 10.8 percent; 4) Utah 10.7 percent; and 5) Tennessee 10.0 percent. Idaho has been the leading state for the last 8 quarters. The areas showing the lowest annual appreciation were: 1) North Dakota 4.0 percent; 2) Iowa 4.7 percent; 3) Louisiana 4.8 percent; 4) Alaska 4.9 percent; and 5) Hawaii 5.2 percent.
I hope this lasts, but also read today economists are predicting a double-dip recession into 2021 because of COVID and more business maybe shutting down or mandatory shutdowns. http://www.cbsnews.com/news/recession-double-dip-2021-economist-fears/ |
