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Top 10 Metros With Predicted Price Climbs

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Real Estate Agent with Berkshire Hathaway HomeServices Professional Realty 200039


Housing prices are about to turn around, predicts financial services technology firm Fiserv.

David Stiff, chief economist at Fiserv, says home prices will fall 32.9 percent from 2006 through early next year. But by early 2014, he believes they will climb an average of 7.2 percent from 2010 levels, with some areas skyrocketing.

Fiserv believes these 10 metropolitan areas will see the most growth in the next four years.

1. Washington State: Bremerton-Silverdale, +44.7 percent
2. Oregon: Bend, +33.6 percent
3. Michigan: Detroit-Livonia-Dearborn, +33.1 percent
4. California: Napa Valley, +31.7 percent
5. Nevada: Carson City, +31.6 percent
6. Florida: Panama City-Lynn Haven-Panama City Beach, +26.9 percent
7. Arizona: Flagstaff, +26 percent
8. New Mexico: Sante Fe, +25.8 percent
9. Wyoming: Cheyenne, +23.7 percent
10. Alaska: Anchorage, +20 percent

Source: Bloomberg BusinessWeek, Venessa Wong (08/09/2010)

Comments(2)

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Team Honeycutt
Allen Tate - Concord, NC

I wish Charlotte was on that list!!

Aug 09, 2010 08:17 AM
Suzanne Strickler
Realty Mark Associates - Havertown, PA
School is never out for the Successful.

I expected to see the City of Brotherly Love Metropolitan area up there and the Manhattan NY area.

Aug 09, 2010 08:24 AM