Bozeman Montana Number Nine in 2009 For Home Appreciation?
The newest update on the vibrant Bozeman, Montana Housing market from Housing Predictor, Sept 8, 2009:
The financial crisis dealt a severe blow to the national economy that will take many years to overcome. Unlike any other downturn in real estate since the Great Depression, markets have seen home values decline at record levels. Times have changed as a result, and real estate inflation will take years to return in most areas. Investing for the long term, considered to be 10 years or longer is the best protection for those who choose to take the risk.
Listed from highest forecast appreciation to lowest.
10 Hottest Buyers Markets:
- Amarillo, TX
- Sioux Falls, SD
- Biloxi, MS
- Logan, UT
- Bismarck, ND
- Bozeman, MT
- Baton Rouge, LA
- Austin, TX
- Casper, WY
- Tucson, AZ
According to Housing Predictor, Bozeman, Montana, the collegiate, skiing, fishing, outdoorsy little city, is tagged as a top ten US real estate market for home appreciation in 2009!
Rank City/Market 2009 Prediction
1. Bloomington, Illinois 3.6%
2. Grand Junction, Colorado 3.1%
3. Billings, Montana 3.1%
4. Fargo, North Dakota 2.9%
5. Lander, Wyoming 2.3%
6. Trenton, New Jersey 2.3%
7. Morgantown, West Virginia 2.0%
8. Logan, Utah 2.0%
9. Bozeman, Montana 1.8%
10. Albany, Georgia 1.8%Five Montana cities made the top 25 List. Montana has been somewhat immune to the financial mess and US housing collapse. Though Bozeman housing prices and values have declined, the market is poised to continue growing in the future.
Taunya Fagan Bozeman Real Estate - Bozeman Homes For Sale
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