If moose sightings are more your style, check out Anchorage, Alaska, where Moody's Economy.com projects that home prices will appreciate by an average of 3.8 percent a year over the next 10 years. The real estate market in the Duluth, Minn., area is expected to post similar gains of about 3.7 percent annually. Home prices near Sandusky, Ohio, are also expected to increase an average of 3.7 percent a year over the next 10 years. That's only slightly ahead of the Santa Fe, N.M., area's projected 3.6 percent annual gains. The revitalization of Pittsfield, Mass.'s, downtown district could help area home prices rise an average of 3.5 percent a year over the next 10 years. Meanwhile, Decatur, Ill.'s, development into a green energy hub should help its housing market post roughly 3.4 percent annual gains, according to Moody's Economy.com.
Here's the projected average annual percent change in home prices from the fourth quarter of 2008 to the fourth quarter of 2018:
- Bremerton-Silverdale, Wash.: 5.22 percent
- Glens Falls, N.Y: 4.71 percent
- Fort Collins-Loveland, Colo.: 4.06 percent
- Corvallis, Ore.: 3.95 percent
- Anchorage, Alaska: 3.8 percent
- Duluth, Minn.: 3.74 percent
- Sandusky, Ohio: 3.66 percent
- Santa Fe, N.M: 3.57 percent
- Pittsfield, Mass.: 3.51 percent
- Decatur, Ill.: 3.44 percent
jerrielsch of AZ @ Nov 25, 2009 13:36:44 PM
Rachel of IL @ Nov 24, 2009 15:31:17 PM
Rachel of IL @ Nov 24, 2009 15:14:27 PM