19 02 2008

The 2008 Top 25 Real Estate Market Forecast

According to housingpredictor.com, Austin is ranked 10th overall for having the highest appreciation of real estate values for 2008. According to the site, ” the top 25 with the highest forecast appreciation have the greatest probability of reaching their forecast of the more than 250 local housing markets Housing Predictor forecasts. In 2007 Housing Predictor’s forecasts were 86% correct within a 1 to 2% margin.” It’s estimated that there will be a 4.8% increase in sales for the upcoming year.

 To check out how other cities around the U.S. ranked, visit their site:

http://www.housingpredictor.com/top2008.html


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