Some Real Estate Markets Appreciate



Despite severe damage from the mortgage crisis, there are real estate markets that are experiencing appreciation in the U.S., according to the new forecasts by Housing Predictor. Nearly a quarter of more than 250 local housing markets forecast are projected to appreciate in 2008.

Housing Predictor issues housing market forecasts in all 50 U.S. states annually and updates its reports and forecasts regularly throughout the year as local market conditions demand, including the Top 25 and Worst 25 market forecasts.

In 2007 Housing Predictor accurately forecast 86% of its local housing markets within a 1 to 2 percent margin of error. Leading realty companies, new home builders, Wall Street investment bankers, investors, many of the country's largest retailers and consumers depend on Housing Predictor.

Reports on all 50 states housing markets are available on the web site along with forecasts for 2008 appreciation and deflation. Housing Predictor also forecast the national real estate recession in 2007, the foreclosure crisis, predicting more than 3-million homes would be foreclosed through 2009 and the Fed's path to cutting mortgage interest rates.

While the nation wonders whether the real estate market down turn will send the U.S. into an economic depression, Housing Predictor analysts and researchers independently gather information and track more than 250 housing markets to keep visitors up to date on real estate.

With the slowdown in real estate sales hitting near historic lows in many parts of the nation, American home owners want to know more than ever how their real estate market is fairing.

Foreclosures have hit 1.8 million nationwide as a result of the credit crisis and are only expected to worsen in the next two years with more than 2-million adjustable rate mortgages resetting. More than 50 percent of all mortgages now in default are held by investors. Housing Predictor will also be extending its foreclosure forecast into 2011 in the near future.

To check your market forecast, search real estate listings and search foreclosures visit http://www.housingpredictor.com.





Some Real Estate Markets Appreciate