2006 First Quarter Real Estate Market Update

Buy, sell or hold seem to be the biggest worries ofAngeles, California. Declining prices after years of
real estate investors in the 2006 residential realbloat are keeping buyers sidelined to see where the
estate market. After solid double-digit appreciation inplateau will fall.-Miami, Florida. Glutted inventories
many major markets the last five years, investorsshort-term, south Florida waiting for the next batch
see the brakes on growth in 2006. Where to go?of boomers. Many investors sitting on the
Mark Nash real estate author of 1001 Tips for Buyingsidelines.-Minneapolis, Minnesota. Downtown new
and Selling a Home and syndicated columnist for givesconstruction saturated. First-time buyers breathing life
his report on the first quarter of 2006.-Atlanta,into market.-New Jersey. This is state is one large
Georgia. Rising inventories could slow appreciationbedroom community, prices flat, the sold-in-five-hours
rates that have not matched other majordays taking a vacation.-New York, New York. Market
markets.-Austin, Texas. Good news here, affordableprice pressure building, but don't call it a buyers
housing prices attracting employers. Risingmarket. Sticker shock anyone?-Philadelphia,
appreciation.-Boise, Idaho. New on real estatePennsylvania. Weak job growth projections. Flat
investors radar, attracting scores of out-of-stateappreciation expectations.-Phoenix, Arizona. Ignored in
buyers. Good profit prospects.-Boston,the boom, now being discovered by investors. Most
Massachusetts. Soft job market, falling prices andcities here are bargain-priced.-San Antonio, Texas.
bloated inventories.-Chicago, Illinois. Recent national,Waking from a stagnant appreciation period. Good
state and local statistics dispel bubble trouble inreturns projected here.-San Diego, California. High
conservative middle America.-Dallas, Texas. Pricesinventories, fiercely competitive sellers and declining
creeping upward, fueling investorprices.-San Francisco, California. Greed factor
interest.-Detroit,Michigan. Market impacted by softsubsiding, weathering the storm, bidding wars are
auto industry and fears of cutbacks.-Houston, Texas.gone and could be saved by tech industry emerging
Demand from Katrina transplants driving a strongout of their bubble.-Seattle, Washington. Good
market.-Las Vegas,Nevada. Market returning toeconomy and low inventories offer attractive
normal appreciation rates, demand stays steady.-Losappreciation gains in 2006.