The Southern region of the U.S. covers a broad spectrum of markets -- from hot spots like Austin, Texas -- to some cooler markets in once booming Florida.

But experts all across this expanse are reporting some positive tunes. Like in Lexington, Kentucky -- a city just one hour from Louisville. Expert Maria Gnas reports -- in a catchy way -- to Realty Times that "April showers usually bring May flowers, and this April has showered the market with great new listing that buyers are picking!"

She also reports that sellers are listening to the market and preparing their homes for sale. In terms of pricing? There has been a slight in gain over last year. This comes to us from local Lexington Realtor Shari Crisp, who is reporting that the area is moving above national averages. The median last year was $149,000 -- now its near $162,000.

Moving next to a gulf coast state, we look at Baton Rouge, Louisiana, which has a metropolitan population around 600,000. Realtor Richard Henley reports that if you're thinking about building or buying a home, now is a great time to do it. The investment you make today can help you build long-term wealth.

He reports that homes in the area have increased their value on average by more than 30 percent in the past four years.

Published: May 21, 2008

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