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At the current Internet edition of Fortune magazine they're predicting the top 100 real estate markets for 2007.

"What will happen to the value of your home next year? We asked Moody's Economy.com and Fiserv Lending Solutions to crunch the numbers for the top 100 markets in the United States."

Nashville, Knoxville, and Memphis are picked numbers 12, 15, & 16 respectively.

What marvelous news; I knew our market was still pretty good but I'm delighted to see we're predicted to be number 15 of the 100 hottest US real estate markets in 2007!

Knoxville home prices are expected to rise a modest 3.5% in 07 which is right in line with our rate of appreciation for the past 10-15 years.

While the South is projected to be "strong" overall the West's predictions are titled "Chill on the Coast".

The Midwest is looking for "steady" and the Fortune experts say a "slowdown" is on the way for the Northeast.

A timely study and useful information if you have buyers or sellers wavering on making decisions. I'm calling all my buyer prospects waiting for lower prices and sharing this study with them.

Jim Lee , REALTOR®, Certified Residential Specialist (CRS)

http://JimLee.com RE/MAX Coast To Coast Properties

150 Mirona Road, Portsmouth, NH 03801 Phone: (603) 431-1111 x3801

Visit New Hampshire Maine Real Estate.com to search homes, get Seacoast area information, and find out how great living on the New Hampshire and southern Maine Seacoast really is.

 

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8 Comments on Top 100 real estate markets in 2007

DEC
27
2006
1,194,256 Points 89 Featured Posts Localism Sponsor Outside Blog Called Shot Master
Bless you for these encouraging words!!!  Steady...  that is fine for the midwest and Columbus!  Congratulations on your strong...
4:50pm • #1
110,915 Points 26 Featured Posts Localism Sponsor Outside Blog
Jim my your 2007 be very hot! And I will take steady that is good news for me too - good info!
5:44pm • #2
2 Featured Posts

Yes captain: Steady as she goes!

Interesting that Chicago is showing a 2% price increase...of course, that's based upon an average price of $280,000.

Naperville's average is closer to $500,000. I doubt that we'll see much if any price increase.
5:52pm • #3
2 Featured Posts

Yes captain: Steady as she goes!

Interesting that Chicago is showing a 2% price increase...of course, that's based upon an average price of $280,000.

Naperville's average is closer to $500,000. I doubt that we'll see much if any price increase.
5:52pm • #4
DEC
28
2006
597,371 Points 45 Featured Posts Outside Blog
Be sure to read beyond the headlines. For The Southeast, the headline is "The housing market looks healthy for the region, which may boast 12 of the 20 hottest markets for 2007."  Then you look down to Tampa/St Pete (#29) and see a -1.9% for 2007 and -2.8% for 2008. At least we're one of the top two of seven areas they mentioned in Florida. In order, they are: Jacksonville, Tampa/St Pete, Orlando, W Palm Beach/Boca, Ft Lauderdale, Sarasota/Bradenton, and Miami.
5:15am • #5
1,194,256 Points 89 Featured Posts Localism Sponsor Outside Blog Called Shot Master
Sharon is right you really have to look at it more closely "The Northeast: Slowdown on the way"  the top 4 markets in the Northeast are all in New York, Rochester, Buffalo, Syracuse, Albany and they look healthy even into 2008 despite being bunched under that headline. 
7:45am • #6
446,270 Points 59 Featured Posts Localism Sponsor Attended Rain Camp

I believe we would all agree that the most relevant information in that study is the information about the market you're selling real estate in.

 
7:55am • #7
DEC
31
2006
212,306 Points 69 Featured Posts Outside Blog

"Tonights the night the world begins again..."

While these are not my words, they are the words of an amazing rock song that conveys my wish to you on this eve of a New Year.

Happy New Years!

Me

Listen here: Windows or Quick Time

1:37pm • #8

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Jim Lee, Seacoast Realtor Portsmouth, NH, Jewel of the NH Seacoast

Portsmouth, NH

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RE/MAX Coast to Coast

Address: ATTN: Jim Lee , 150 Mirona Road, Portsmouth, NH, 03801

Office Phone: (603) 431-1111 x 3801

Email Me

Have a question about Portsmouth NH & Seacoast New Hampshire real estate or homes for sale?? Please feel free to ask a question about any aspect of real estate or a real estate transaction.


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