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Is your city in Builder’s List of Top Real Estate Markets?

By
Services for Real Estate Pros with SimplifyEm

Builder magazine has just updated its list for the Top Real Estate Markets in USA.

Since the list was published in early 2009, the economy seems to be staggering to recover the federal government $8000 tax credit along with real estate investors have been picking up real estate properties at discounts.  Even though many economists are suggesting that the recession has ended, unemployment is running very high.

The magazine reports that right now no market is really healthy but some of the real estate markets are doing better than others. So the markets which are on the top of the list will do much better than others. This study and report is one of the most comprehensive available and covers the top 100 real estate markets in USA.

According to Builder's List, the top 5 real estate markets in USA are:

1. Austin, Texas

2. San Antonio, Texas

3. Washington-Arlington-Alexandria, D.C./Va/Md/W.Va

4. Houston-Sugar Land-Baytown, Texas

5. Oklahoma City, Oklahoma

Check the list to see which 20 real estate markets are likely to recover first from the real estate downturn, click here

Comments(5)

Diane Rice
Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL - Lansing, IL
SFR, SRES, CNC

Hi Niman!  Where we are from, Chicago did not make the Builders list.  From reviewing the report, Texas is leading the way in successful marketing.  We appreciate you linking the information to the property management audience here.  Thank you.

Oct 13, 2009 12:53 PM
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

The SOUTH is leading the way....which is interesting and not surprising....most are Right-to-Work states with little or no union pressure AND they have NASCAR Tracks!!!

Oct 14, 2009 02:29 AM
Niman Singh
SimplifyEm - Fremont, CA
Property Management Software

Hi Diane, I'm happy to share! I was quite surprised myself that there weren't any cities from California.

Wallace, I never really got into NASCAR, but now seems like a good time to start - it's too painful to watch my Oakland Raiders this season!

Oct 14, 2009 06:37 AM
Chris Brunner
GreatFX Printing - Springfield, MO
GreatFX Printing

I can see why those cities in Texas are hopping.  There are many jobs in Texas, no state income tax, a fiscally conservative state government and housing that is down to earth in terms of quality and affordability.  My wife and I recently visited Houston and specifically League City was a fantastic place to buy a great home 2400+ sqft 3-4 br home in the $200's.

Nov 30, 2009 05:48 AM
Adrian Willanger
206 909-7536 AdrianWillanger-broker.com - Seattle, WA
Profit from my two decades of experience

I'm moving to Texas! I didn't realize it's that hot. The Seattle now home market is still coming back slowly.

Jun 21, 2011 02:12 PM