Which housing market will appreciate the most in the next 12 months and why?
I'm looking to move and would like to move into a housing market that is ready to appreciate in value. Which market do you think will show the highest gains in the next 12 months?
Public Comments
- If any of us knew that information, we wouldn't be working for a living.
- Anywhere in a major city! Anywhere in California but not in the central valley! Near SF or LA would be GREAT!!! Good luck!!!
- Miami or Palm Beach is a good place to start.
- Read this article on CNN - it tells you where they expect the highest increases in the next five years: http://money.cnn.com/popups/2006/biz2/newrules_bestinvest/index.html
- Mexican, Good question, virtually difficult to answer. However, here is hint. A certain large group of people are going to be selling and buying homes in the next couple of year, because they are retiring and either moving to better climate or downsizing in home. The question you need to ask yourself is.....Where are they going to move to and how much can they afford. You do that research and you will find many markets out there that fit this description. It might not happen in the next 12 months, but 3-5 years will be great times. Get your foot planted now, and you will reap the benefits later. Happy Hunting
- I think New Mexico, specifically Rio Rancho. It is beautiful there and getting really positive news right now. I currently am buying a house there, it's getting built, and comps are looking pretty good before I have even closed. Check out a community called Cabezon in Rio Rancho.
- Nobody has a cyrstal ball, but Houston has gone up 6-7% for the last decade now...
Powered by Yahoo! Answers