Sunshine and Birds Singing, or Doom and Gloom
This is from CNN Money.
The best place to buy a home these days
The 6 cities where home prices are likely to rise the most - or fall the least - in the next 12 months.
#1. ATLANTAThe building frenzy has stalled. Many people are still moving to the metro area for jobs. Resale houses will rise in prices. Many have predicted that Atlanta will be a top city in the country for rising housing values. (Italics are my comments.)
The rest of the top 6 are: 2. Boston 3. Cincinnati 4. Cleveland 5. Detroit 6. Houston
I am most familiar with the Atlanta area. If you are from one of the other listed cities, or are familiar with their real estate market, leave a comment on why you think this prediction is true for your city.
We may not be in the sunshine and birds singing mode yet, but this sounds a lot better than the doom and gloom, that the media usually reports.
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I see that Detroit is on this list. It's hard to believe that anything will ever really change for the better in Detroit, but it would be great if the housing values really did rise!
Amanda <3
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Amanda,
I don't know for sure since I am not in that market. Maybe it's that the Detroit market has hit bottom. So in time it will go up. Are there any big community developments that would point to future increase in housing values? Let me know how this CNN Money prediction plays out in your area.
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