Housing Predictor, which forecasts housing market futures in all 50 U.S. states, will announce it's 10 Hottest Buyers Real Estate Markets in 2007 for investing in homes, condos and townhouses.
Housing Predictor is an independent web site that forecasts housing markets in more than 250 local housing markets throughout the U.S.
The increase in foreclosures, the crisis in the sub prime lending market and increasing troubles in the conventional mortgage markets, where notices of default have increased are making many local housing markets prices decline. But there are still 13 states, most of which are located in the southern half of the country, where housing markets remain strong and are appreciating.
The web site has already named it's Top 25 Markets for 2007 and its Worst 25 Markets for the year. But an increasing number of investors, many of whom are new to investing in real estate, have requested the 10 Hottest Buyers Markets forecast from the web site's economists. Housing Predictor is responding to their requests with the upcoming forecasts.
Michigan's real estate markets are in an all out recession due to declining population resulting from job losses. Hawaii's local markets have slowed as a result of higher prices and the aftermath of an earthquake to hit the islands.
Many of California's local housing markets are beginning to see daylight at the end of the tunnel as more buyers turn out in the spring.
On the east coast, Florida's markets are beginning to see pent up buyer activity begin to turn the tide to more activity and increasing sales in many markets with the exception of Miami and a few others in the state.
Texas is witnessing a booming real estate market that should last well into 2008 with population increases never experienced before.
Housing Predictor regularly surveys market activity throughout the U.S. to keep the pulse on the housing market, and will name it's 10 Hottest Buyers Markets in April with the greatest likelihood of appreciation during the coming year.
Visit Housing Predictor to check on your local markets forecast, and see the Top 25 and Worst 25 forecast markets for 2007 at http://www.housingpredictor.com
Mike Colpitts is the Editor of Housing Predictor, which forecasts local housing markets in all 50 U.S. states. Find out your latest housing markets forecast at http://www.housingpredictor.com
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