Top housing markets for coming years, National home prices are expected to climb 0.3 percent in the next year, according to the latest home price report by Fiserv Case-Shiller. But over the next five years, home prices are projected to rise 3.3 percent.
We drew on Fiserv Case-Shiller data to identify the best housing markets for the next five years. The top 15 cities are ranked by the projected annualized change in home prices between Q2 2012 and Q2 2017. We also included the median home price, median household income, unemployment rate, and the change in home prices since their peak to offer a broader view of the local economy and housing market.
Glens Falls, New York
Annualized expected growth from 2012 - 2017: 7.7 percent
Home prices have declined 7.8 percent in Glen Falls since they peaked in Q4 2008. The median home price is $159,000 which is lower than the national median of $181,000.
Glen Falls has a population of 128,996, an unemployment rate of 9.1 percent, and a median family income of $64,300.
Yuma, Arizona
Annualized expected growth from 2012 - 2017: 7.7 percent
Home prices have fallen 37.1 percent in Yuma since their Q4 2006 peak.
It has a population of 200,870, an unemployment rate of 25.8 percent, and a median family income of $45,400, lower than the national median of $62,900.
Eugene-Springfield, Oregon
Annualized expected growth from 2012 - 2017: 7.7 percent
Eugene-Springfield home prices have decreased 22.9 percent since their Q2 2007 peak. The metro has a population of 353,416, an unemployment rate of 8.8 percent, and a median family income of $53,200.
Yakima, Washington
Annualized expected growth from 2012 - 2017: 7.8 percent
Home prices in Yakima are down 8.1 percent since their Q1 2009 peak. It has a median home price of $168,800.
Yakima also has a population of 247,141, an unemployment rate of 10.2 percent, and a median family income of $47,800.
Brunswick, Georgia
Annualized expected growth from 2012 - 2017: 7.9 percent
Home prices in Brunswick have tumbled 32.3 percent since their Q4 2007 peak.
It has a population of 112,923, an unemployment rate of 10.4 percent, and a median family income of $50,500, that is below the national median.
Tucson, Arizona
Annualized expected growth from 2012 - 2017: 7.9 percent
Tucson's home prices have plunged 42.6 percent since their Q1 2006 peak, and it has median home price of $153,000.
It also has a population of 989,569, a median family income of $57,400, and an unemployment rate of 7.5 percent.
Gulfport-Biloxi, Mississippi
Annualized expected growth from 2012 - 2017: 8.0 percent
Home prices in the Gulfport-Biloxi metro area have slipped 20.4 percent since their Q4 2007 peak, and the metro has a median home price of $101,000.
It has a population of 253,511, an unemployment rate of 8.4 percent and a median household income of $52,700.
We drew on Fiserv Case-Shiller data to identify the best housing markets for the next five years. The top 15 cities are ranked by the projected annualized change in home prices between Q2 2012 and Q2 2017. We also included the median home price, median household income, unemployment rate, and the change in home prices since their peak to offer a broader view of the local economy and housing market.
Glens Falls, New York
Annualized expected growth from 2012 - 2017: 7.7 percent
Home prices have declined 7.8 percent in Glen Falls since they peaked in Q4 2008. The median home price is $159,000 which is lower than the national median of $181,000.
Glen Falls has a population of 128,996, an unemployment rate of 9.1 percent, and a median family income of $64,300.
Yuma, Arizona
Annualized expected growth from 2012 - 2017: 7.7 percent
Home prices have fallen 37.1 percent in Yuma since their Q4 2006 peak.
It has a population of 200,870, an unemployment rate of 25.8 percent, and a median family income of $45,400, lower than the national median of $62,900.
Eugene-Springfield, Oregon
Annualized expected growth from 2012 - 2017: 7.7 percent
Eugene-Springfield home prices have decreased 22.9 percent since their Q2 2007 peak. The metro has a population of 353,416, an unemployment rate of 8.8 percent, and a median family income of $53,200.
Yakima, Washington
Annualized expected growth from 2012 - 2017: 7.8 percent
Home prices in Yakima are down 8.1 percent since their Q1 2009 peak. It has a median home price of $168,800.
Yakima also has a population of 247,141, an unemployment rate of 10.2 percent, and a median family income of $47,800.
Brunswick, Georgia
Annualized expected growth from 2012 - 2017: 7.9 percent
Home prices in Brunswick have tumbled 32.3 percent since their Q4 2007 peak.
It has a population of 112,923, an unemployment rate of 10.4 percent, and a median family income of $50,500, that is below the national median.
Tucson, Arizona
Annualized expected growth from 2012 - 2017: 7.9 percent
Tucson's home prices have plunged 42.6 percent since their Q1 2006 peak, and it has median home price of $153,000.
It also has a population of 989,569, a median family income of $57,400, and an unemployment rate of 7.5 percent.
Gulfport-Biloxi, Mississippi
Annualized expected growth from 2012 - 2017: 8.0 percent
Home prices in the Gulfport-Biloxi metro area have slipped 20.4 percent since their Q4 2007 peak, and the metro has a median home price of $101,000.
It has a population of 253,511, an unemployment rate of 8.4 percent and a median household income of $52,700.
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