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Washington Oregon And Idaho Real Estate Markets Make Top 25 Forecast



R


eal estate markets in           boom and a healthy aerospace      
Washington, Oregon and          industry, the real estate market  
Idaho composing the greater     in Seattle, Washington, which     
Pacific North-West have made the      appeared as though it would slow  
annual U.S. Housing Predictor Top     down and depreciate in 2007       
25 market forecast.                   earlier in the year was added to  
                                      the list.                         
Housing Predictor, which is an                                          
information driven web site           Portland, Oregon, which has seen  
forecasts more than 250 local         it’s home prices more than double 
housing markets in all 50 states,     in the last six years alone and   
and names the Top 25 markets          Boise, Idaho were also named to   
annually in January, updating the     the Top 25 list. Boise is         
list as local market conditions       forecast by the U.S. Census       
demand. The Top 25 markets have       Bureau to easily double in size   
the highest probability of            over the next decade. Boise is    
appreciation of all U.S. markets      business friendly and has been    
forecast.                             named by many periodicals to be   
                                      the best place to start a new     
Fourteen states are now               business in the nation.           
represented by local housing                                            
markets in the Top 25 that are        The Housing Predictor Top 25      
appreciating, despite the             Market Forecast is regarded as a  
national real estate slump.           leading resource for real estate  
Housing Predictor has a special       buyers, owners, investors and     
report this month on just how         real estate professionals. The    
“The Worst May Be Over in the         addition of the three Pacific     
U.S. Real Estate Slowdown.”           North-West markets comes shortly  
                                      before the annual mid-year update 
Propelled by a growing high tech      of the Top 25 U.S. markets, which 



is issued July 1st each year          nationwide slowdown triggered by  
projecting housing market             higher interest rates and massive 
appreciation through the end of       fraud in mortgage lending.        
the year.                             Congress is considering the       
                                      institution of new laws to        
The top markets growing leap into     further control mortgage lending, 
14 states are further evidence        which has been rampant with       
that local housing markets in a       unethical lending practices       
majority of the nation are            forcing many homeowners into      
appreciating or are at least          foreclosure.                      
stabilizing as the U.S. real          

                              
estate market rebounds from a         




About the Author:

Mike Colpitts is the Editor of Housing Predictor, which provides more than 250 local housing market forecasts in all 50 U.S. states. To see the latest complete Top 25 Market Forecast, check on your housing markets forecast and search real estate listings visit http://www.housingpredictor.com


Read more articles by: Mike Colpitts

Article Source: www.iSnare.com


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    Washington Oregon And Idaho Real Estate Markets Make Top 25 Forecast