Top 10 us markets for 2009
The top ten US real estate markets for 2009 are not large metropolitan areas, but rather small communities with strong prospects for growth, so whilst they may not appreciate in the short term, they have the highest likelihood of long term appreciation. Check out the top ten list for what may be the best real estate markets to invest in for 2009...
Downtown Austin, Texas
The hottest housing markets are places you may find comfort in the worst housing crash since the Great Depression.
The top 10 buyers markets listed at mid-year are markets
that aren't necessarily big arts and entertainment centres but are mostly
smaller communities.
Amarillo, Texas
takes the first position as the nation's top buyers market in 2009 with the
highest likelihood of housing inflation over the next few years.
Austin, Texas and Tucson, Arizona are the largest metro areas to be named to the list possessing the highest probability of growing through the recessionary economy over the next few years.
As a high-tech hub, Austin
will have what it takes to not only sustain the downturn but see home values
inflate.
All 10 markets hold the promise of prosperity in the near future. In the
current economic environment there are few areas of the country that will see
appreciation this year.
The markets named here represent cities that are the most
likely to experience housing inflation over the next few years, despite the
downward economy and are the best places forecast to buy real estate to make a
profit.
The financial crisis dealt a severe blow to the national economy that will take
many years to overcome.
Unlike any other downturn in real estate since the Great Depression, markets have seen home values decline at record levels.
Times have changed as a result, and real estate inflation will take years to return in most areas.
Investing for the long term, considered to be 10 years or
longer is the best protection for those who choose to take the risk.
Listed from highest forecast
appreciation to lowest.
10 Hottest Buyers Markets
Amarillo, TX
Sioux Falls, SD
Biloxi, MS
Logan, UT
Bismarck, ND
Bozeman, MT
Baton Rouge, LA
Austin, TX
Casper, WY
Tucson, AZ
Written by Housing Predictor and www.nuwireinvestor.com
Picture of Texan flag by Michael