2006 First Quarter Real Estate Market Update

Buy, sell or hold seem to be the biggest worriesprices after years of bloat are keeping buyers
of real estate investors in the 2006 residential realsidelined to see where the plateau will fall.-Miami,
estate market. After solid double-digit appreciationFlorida. Glutted inventories short-term, south
in many major markets the last five years,Florida waiting for the next batch of boomers.
investors see the brakes on growth in 2006.Many investors sitting on the sidelines.-Minneapolis,
Where to go? Mark Nash real estate author ofMinnesota. Downtown new construction saturated.
1001 Tips for Buying and Selling a Home andFirst-time buyers breathing life into market.-New
syndicated columnist for gives his report on theJersey. This is state is one large bedroom
first quarter of 2006.-Atlanta, Georgia. Risingcommunity, prices flat, the sold-in-five-hours days
inventories could slow appreciation rates that havetaking a vacation.-New York, New York. Market
not matched other major markets.-Austin, Texas.price pressure building, but don't call it a buyers
Good news here, affordable housing pricesmarket. Sticker shock anyone?-Philadelphia,
attracting employers. Rising appreciation.-Boise,Pennsylvania. Weak job growth projections. Flat
Idaho. New on real estate investors radar,appreciation expectations.-Phoenix, Arizona.
attracting scores of out-of-state buyers. GoodIgnored in the boom, now being discovered by
profit prospects.-Boston, Massachusetts. Soft jobinvestors. Most cities here are bargain-priced.-San
market, falling prices and bloatedAntonio, Texas. Waking from a stagnant
inventories.-Chicago, Illinois. Recent national, stateappreciation period. Good returns projected
and local statistics dispel bubble trouble inhere.-San Diego, California. High inventories, fiercely
conservative middle America.-Dallas, Texas. Pricescompetitive sellers and declining prices.-San
creeping upward, fueling investorFrancisco, California. Greed factor subsiding,
interest.-Detroit,Michigan. Market impacted by softweathering the storm, bidding wars are gone and
auto industry and fears of cutbacks.-Houston,could be saved by tech industry emerging out of
Texas. Demand from Katrina transplants driving atheir bubble.-Seattle, Washington. Good economy
strong market.-Las Vegas,Nevada. Marketand low inventories offer attractive appreciation
returning to normal appreciation rates, demandgains in 2006.
stays steady.-Los Angeles, California. Declining