Bloomberg Businessweek has listed the top 10 markets that will lead the housing market recovery by early 2014 from data provided by Fiserv Case-Shiller Indexes and Moody’s Economy.com.
The housing forecast is based on factors that include income growth, unemployment rates, demographic trends, construction costs and foreclosure rates. There were 384 markets surveyed, and the Top 10 include:
1. Bremerton-Silverdale, WA (44.7 percent price increase from 2010 to 2014)
2. Bend, OR (33.6 percent price increase from 2010 to 2014)
3. Detroit-Livonia-Dearborn, MI (33.1 percent price increase from 2010 to 2014)
4. Napa, CA (31.7 percent price increase from 2010 to 2014)
5. Carson City, NV (31.6 percent price increase from 2010 to 2014)
6. Panama City-Lynn Haven-Panama City Beach, FL (26.9 percent price increase from 2010 to 2014)
7. Flagstaff, AZ (26 percent price increase from 2010 to 2014)
8. Santa Fe, NM (25.8 percent price increase from 2010 to 2014)
9. Cheyenne, WY (23.7 percent price increase from 2010 to 2014)
10. Anchorage, AK (20 percent price increase from 2010 to 2014)
Leave a Reply