Hottest Buyers Real Estate Markets Named
Destin, FL (PRWEB) January 21, 2008 -- There are always hot markets somewhere in real estate, and no place shows them better than the Annual Housing Predictor Hottest 10 Buyers Markets. They are 10 markets that are the exception to the rule in 2008.
Despite a recessionary economy and a national housing crisis that is seeing record foreclosures damage communities across the nation, there are some housing markets that are appreciating. Not the double-digit appreciation of the real estate boom, but at least they're on the upside. Eight states' markets are represented in the Hottest 10 Buyers Markets.
Driven by booming local economies and unprecedented growth, the Hottest 10 are scattered throughout the U.S. and are not confined to one particular region of the country. Housing Predictor's selection of the Hottest 10 Buyers Markets are based on studies conducted on all 250 local real estate markets Housing Predictor tracks on an on going basis.
The Hottest 10 Buyers Markets represent growing economies, which are expected to foster growth in 2008 and in some cases even into the following decade as the composition of the U.S. population changes, resulting in major shifts in housing markets across the country.
Such diverse areas of the country as Hawaii, North Dakota, Texas and Washington are among the states to have markets named on the annual list. Hawaii has been hot for years and this year won't be any different. Markets in Hawaii are benefiting from a strong second home market and with a change in foreign investment laws investors are also doing their part to help keep the market moving upward.
The boom in the energy producing business and high-tech is boosting Texas housing markets as many new residents are attracted to the Lone Star state for its growing employment opportunities.
North Dakota was an anomaly in the national real estate scene in 2007 as it saw housing sales increase, escaping the subprime debacle. Housing markets haven't been plagued by subprime fallout in North Dakota with a glut of home foreclosures, which keeps local markets strong.
Housing Predictor is consulted by the nation's foremost investment houses, banks, mortgage companies, real estate firms and most importantly consumers for more than 250 local housing market forecasts in all 50 states. Forecasts are updated regularly and changed as local market conditions demand.
To see the entire list of the Hottest 10 Buyers Markets, check your local market future and search real estate listings visit http://www.housingpredictor.com
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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Local Realtors Affiliates have agreed to host the Accredited Luxury Home Specialist (ALHS) program, a designation distributed by REALTYU the largest network of real estate educators in the nation. The program will be delivered on February 6 & 7, 2008. at the 16682 W. 48th Lane, Golden, CO 80401.
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