Friday, January 26, 2007

A Great Real Estate Newsletter

If you're interested in what's going on in real estate markets throughout the country, I recommend you subscribe to "John Burn's Local Building Market Intelligence" newsletter. It's free, and it will give you a look at different areas from a builder's perspective.

Here's a teaser from the latest issue:

"People are leaving the California coasts and the Northeast at a faster rate than prior years, primarily because of housing affordability. The high cost of housing is slowing population growth in many coastal markets, and migration trends suggest that more people are moving to markets where affordability is better.

In Southern California, the coastal markets of Los Angeles and Orange County are reporting an actual decline in the adult population, and San Diego had only a slight increase. Oregon, Arizona, Nevada and Utah have been the beneficiaries.

Even Florida's in-migration has slowed because of housing affordability. An annual migration study conducted by United Van Lines shows that the Southeast states with the highest rate of inbound moves are North and South Carolina, Alabama, and Tennessee, where home prices are still relatively affordable compared to their own histories."

You can sign up for the free newsletter here:
http://www.realestateconsulting.com/newsletter.htm

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