Destin, FL, January 27, 2009 --(
PR.com)-- Despite the worst economic conditions since the Great Depression, there are still U.S. housing markets that are forecast to appreciate as exceptions to the rule, according to the new Housing Predictor Hottest Markets forecast for 2009.
The credit crisis has triggered record foreclosures damaging communities across the nation as Housing Predictor forecast, but there are markets that will be the exception to the rule. Eight states are represented on the hottest list, including three markets in Texas. There won’t be the double-digit appreciation experienced during the real estate boom in 2009, but these markets are supported by exceptionally strong local economies with good prospects for growth.
The Hottest 10 aren’t confined to any particular part of the country scattered throughout the U.S. 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 Markets represent growing economies that aren’t widely reported in the mass media. In some cases, the markets won’t appreciate quickly in 2009 but possess plenty of indicators to show that there housing markets will remain strong over the next few years, despite the down fall in the national economy.
Diverse areas of the country are listed in the hottest markets, including places in Wyoming, Mississippi, North Dakota, South Dakota, Utah, Louisiana and Idaho. The boom in the energy and high tech growth are aiding areas with stronger job growth in most of the markets named.
Housing Predictor dot com 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 over the entire year.
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