Miami/Fort Lauderdale Added to Housing Market Improving Index

Here’s something new.  The list of markets showing signs of improvement in home prices and market conditions in February has grown to nearly 100 cities per the National Association of Home Builders/First American Improving Markets Index. 

The index reveals metro areas that have shown improvement in home prices, housing permits, and employment for at least six months. 

In the latest index, some markets that were particularly hard-hit during the housing market crash — Miami — were added to this month’s list. Such cities are seeing a turnaround in their sluggish housing markets, possibly already hitting bottom. 

The 29 metro areas added to the list this month are: 

1. Napa, Calif.
2. Deltona, Fla.
3. Miami / Fort Lauderdale, Fla.
4. North Port, Fla.
5. Tampa, Fla.
6. Augusta, Ga.
7. Shreveport, La.
8. Springfield, Mass.
9. Cumberland, Md.
10. Lewiston, Maine
11. Boston, Mass.
12. Detroit, Mich.
13. Duluth, Minn.
14. Rochester, Minn.
15. Jefferson City, Mo.
16. Kansas City, Mo.
17. Hattiesburg, Miss.
18. Omaha, Neb. 
19. Ocean City, N.J.
20. Syracuse, N.Y.
21. Springfield, Ohio
22. Youngstown, Ohio
23. Portland, Ore.
24. Longview, Texas
25. Memphis, Tenn.
26. Provo, Utah
27. Salt Lake City, Utah
28. Bellingham, Wash.
29. Kennewick, Wash.

See all 98 metro areas on the list at www.nahb.org/imi.  To start your home search visit www.ParksMorgan.com.