A recent survey study of 1,800 real estate agents by Seattle-based ActiveRain, a real estate social network, revealed that agents expect that in 2012 the housing market will reach bottom and begin to rebound.
Most of the real estate agents surveyed said they expect real estate values, transactions and the local economy to stay flat or rise from 2011 levels. Sixty percent anticipate the volume of real estate transactions will climb slightly.
The survey also shows that the real estate agents polled expect the Fort Meyers, Fla., area; Austin, Texas; Boise, Idaho; and San Antonio to be among the top-performing 2012 real estate markets.
(Click here to view larger image.)
(Click here to view larger image.)
Survey: 10 top-performing real estate markets in 2012
1. Fort Myers-Naples, Fla.
2. Austin, Texas
3. Boise, Idaho
4. San Antonio, Texas
5. Miami-Fort Lauderdale
6. Denver
7. Dallas-Fort Worth
8. Nashville, Tenn.
9. Houston, Texas
10. Salt Lake City, Utah
Source: ActiveRain survey of 1,800 real estate professionals.
The agents surveyed expect Reno, Nev., to top the list of the worst-performing real estate markets in 2012. The big three: Chicago, New York and Los Angeles, make the top 10 worst list, as well.
Survey: 10 real estate markets expected to perform poorly in 2012
1. Reno, Nev.
2. Sacramento, Calif.
3. Chicago
4. New York
5. Providence, R.I.
6. Springfield, Mo.
7. San Diego
8. Los Angeles
9. Cleveland
10. Philadelphia
Source: ActiveRain survey of 1,800 real estate professionals.
