Feb
20

NAHB Improving Housing Markets List Includes All 50 States

February 20, 2013

homes with sold signThis month, homebuilders across the country can celebrate the fact that all 50 states are now represented on the National Association of Home Builders list of improving housing markets.

“The fact that all 50 states now have at least one metro on the improving list shows that the housing recovery has substantial momentum and continues to expand from one market to the next,” said 2013 NAHB Chairman Rick Judson.

The great news is that not only was Chicago featured on the list, but Bloomington, Peoria, Rockford and Springfield are in the top housing markets, too.

Considering that the list of improving metros only consisted of 12 cities when it first began in September 2011, the fact that all 50 states are now represented is a fairly large milestone.

For those curious as to how the rankings are established, the Improving Markets Index rates housing markets based on home appreciation rates from Freddie Mac, single-family housing permit growth according to the U.S. Census Bureau and employment growth based on numbers from the Bureau of Labor Statistics.

Though the housing market has yet to reach pre-recession levels, it’s comforting to know that each state is beginning to see healthier housing patterns.

To view the full index, please visit nahb.org/imi.

Categories: Economy

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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