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Austin still in top 10 rising markets for 2008 |
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Submitted by Texas Dave
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 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.
Daily Real Estate News | November 17, 2008
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) Ted C. Jones, PhD |
A returning investor is under contract for his third property in Central Texas. This time, it's a posh duplex that's located less than a mile away from Samsung's swank new processor plant. 