It’s never too late or too early for housing market predictions in the US. You never know if it’s a boom or a bust. Don’t worry! This is perhaps the best time of the year to gauge the direction. The interest rates are low and investment opportunities are better than ever. But wait! Not every housing market is the same. Take a look at America’s most must-watch markets in 2013, for better or for worse.
- Houston – For Better – Plenty of jobs and a continuous rise in condo sales are definitely positive indicators.
- Detroit – For Worse – Home prices have taken a deep plunge and foreclosures are rampant. Doesn’t really seem like a Detroit year!
- San Francisco – For Better – They say, you can never go wrong with the Silicon Valley city. Holds true for 2013.
- Miami – For Worse – The job market is frail and even if it recovers, it won’t affect the housing market as much as we would like in 2013.
Find out more about 2013 market trends http://www.foxbusiness.com/personal-finance/2013/02/11/hot-real-estate-deals-best-and-worst-2013/