The housing markets in 17 states will experience housing inflation in 2011, according to a forecast by Housing Predictor. Although the prediction shows that the overall housing market should make a slight recovery this year, these particular markets are poised for more-substantial growth because they were less affected by the mortgage lending and foreclosure crisis. Many of the markets, for example, are in the Midwest and northern regions, where there have been fewer foreclosures.
The markets include: Boulder, Colo.; Portland, Maine; Aurora, Colo.; Grand Junction, Colo.; Kansas City, Kan.; Austin, Texas; El Paso Texas; and Des Moines, Iowa.
North Dakota, South Dakota, Wyoming, and Montana are predicted to actually have rising home values throughout the year. Meanwhile, low mortgage rates in Kansas, Nebraska, and Iowa should fuel an increase in home-buying activity, especially as warmer weather rolls around.
For more on the report, visit: http://www.housingpredictor.com/2011/markets-inflation.html.
