November 17, 2008
The Daily Real Estate News Just released the Top Ten Promising Markets.
The good news about Albuquerque continues on.
Housing Predictor, which provides housing forecasts in 250 markets, has just identified 10 different markets where the local economies are healthy and have strong potential for increasing prosperity. This also includes new business.
These housing markets have bucked the national trend in 2008 and avoided the absolute crazy subprime crisis, the consultancy says.
Despite what is on the horizon for the future in the real estate market as a whole, Housing Predictor forecasts that these cities will continue to see steady, dependable growth. This is really good news.
Top cities and the percentage sales prices have increased so far in 2008.
- Albuquerque, N.M., 3.5 percent
- Biloxi, Miss., 4.9 percent
- Salem, Ore., 4.7 percent
- Bismarck, N.D., 4.6 percent
- Spokane, Wash., 4.4 percent
- Yakima, Wash., 4.1 percent
- Austin, Texas, 4.0 percent
- Grand Junction, Colo., 4.0 percent
- Fargo, N.D., 4.0 percent
- Mobile, Ala., 3.9 percent
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