Good News for Austin
Housing Predictor, which provides housing forecasts in 250 markets, has identified 10 markets where the regional economies are healthy and have strong potential for increasing prosperity.
These housing markets have bucked the national trend in 2008 and avoided the subprime crisis, the consultancy says.
Whatever the future holds for the housing market as a whole, Housing Predictor forecasts that these cities will continue to see steady, dependable growth.
Top cities and the percentage sales prices have increased so far in 2008.
- 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
- Albuquerque, N.M., 3.5 percent
Source: Housing Predictor (11/15/08)
© Julie Nelson and The Nelson Project at Keller Williams Reatly, 2008-2010. Unauthorized use and/or duplication of this material without express and written permission from this blog’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Julie Nelson and The Nelson Project at Keller Williams Realty with appropriate and specific direction to the original content.