Smart Money posted an article this week noting areas around the country that see strength in the real estate market. Listed in the top five was one of my favorite cities - Corvallis, Ore. (up 2.96%). Per the article:
The most influential factors for the forecast include household income growth, population growth, the jobless rate and the user cost of housing.
Granted, these increases are modest. But given that some parts of the country were pummeled by 40% declines in home values, any number that's positive stands out. It shows those markets have done exceptionally better than others.
Good news to share with your potential buyers or those considering selling in 2010!
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