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SIGNS SHOW REAL-ESTATE MARKET SET TO
             STABILIZE
           by WEI Mortgage Corporation
By the end of 2012, the real-estate market may have finally begun to stabilize after half a
decade of falling prices, according to a report by the National Association of Realtors.
•   On a national scale, home prices have dropped as much as 55 percent in the wake of the
    housing crisis. However, about half of the metropolitan areas tracked by the NAR saw
    prices begin to rise earlier this year. Bright spots included oil-boom areas like Bismarck,
    North Dakota, and Oklahoma City, Oklahoma. In addition, several cities in Florida started
    to post gains.
Housing-inventory figures represent another promising sign for the U.S. real-estate market.
The number of available homes dropped by more than 20 percent in the first quarter of 2012
compared to the previous year. Home sales also saw significant increases. Experts believe
the trend should continue, particularly as investors move to purchase increasing numbers of
distressed properties.
Based in Rockville, Maryland, WEI Mortgage Corporation is a direct mortgage lender serving
clients throughout the Washington, DC, metropolitan area.

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Signs show real estate market set to stabilize

  • 1. SIGNS SHOW REAL-ESTATE MARKET SET TO STABILIZE by WEI Mortgage Corporation
  • 2. By the end of 2012, the real-estate market may have finally begun to stabilize after half a decade of falling prices, according to a report by the National Association of Realtors.
  • 3. On a national scale, home prices have dropped as much as 55 percent in the wake of the housing crisis. However, about half of the metropolitan areas tracked by the NAR saw prices begin to rise earlier this year. Bright spots included oil-boom areas like Bismarck, North Dakota, and Oklahoma City, Oklahoma. In addition, several cities in Florida started to post gains.
  • 4. Housing-inventory figures represent another promising sign for the U.S. real-estate market. The number of available homes dropped by more than 20 percent in the first quarter of 2012 compared to the previous year. Home sales also saw significant increases. Experts believe the trend should continue, particularly as investors move to purchase increasing numbers of distressed properties.
  • 5. Based in Rockville, Maryland, WEI Mortgage Corporation is a direct mortgage lender serving clients throughout the Washington, DC, metropolitan area.