It’s that time of year to reflect on the current state of the market and see what’s ahead for the coming year. While many pundits are predicting a slowdown to the real estate market in the USA next year, some of the nation’s superstar markets continue to burn bright.
Realtor.com’s chief economist has analysed Americas largest metropolitan markets for their potential growth and has said “The top 10 markets all benefit from strong growth dynamics: population, jobs, and households. They all have low unemployment that’s heading lower, which buoys consumer confidence.” That’s really positive news in you own or invest in these areas. Lets see what the analysis shows are the top 10 metro areas. Infographic courtesy of realtor.com.
The growth is expected to slow down for eight of the top 10 markets, compared to forecasts 12 months ago, with Tuscon and Los Angeles being the two exceptions.
Still, that’s good news for Arizona homeowners and homebuyers can rest assured that the market isn’t expected to take a turn for the worse in the short term. See full article here.