Real Estate Markets to Watch in 2012Jan 19 2012
As we start the New Year, everyone is trying to predict what 2012 will bring. With the real estate market having a tough couple of years, many wonder, will it begin to pick up this year?
According to annual forecasts for market health, most anticipate that the housing recovery will continue as it has been: slowly gaining steam across the nation, but still very localized.
So which locations are expected to pick up the most in 2012? Here is a list of the top 10 markets to consider in 2012, in no particular order:
1. Austin, TX
2. Washington, D.C.
3. Orlando, FL
4. Rochester, NY
5. Houston, TX
6. Chicago, IL
7. Suburbs of Boston, MA
8. Santa Fe, NM
9. Bremerton, WA
10. San Jose, CA
What makes these areas stand out from the rest of the nation? They all have three things in common: steady job growth, construction and stable home prices.
Does your city make the list? Do you think there’s an area that the survey missed?