KOLD NEWS – Long Term Outlook – Tucson Among Hottest Home Buyers Markets
By Toby Herschler – August 26, 2009
Somebody is excited about Tucson real estate. In fact, a new study says local home buyers are well placed for long term gain.
Market forecaster housingpredictor.com lists Tucson 10th among the nation’s hottest buyers markets. The list is focused on real estate investment in areas with high potential for long term home appreciation.
Amarillo, Texas tops the list, followed by Sioux Falls, South Dakota and Biloxi, Mississipi.
Tucson and Austin, Texas (8th) are the largest metro areas on the list.
Housingpredictor.com says few markets will see price increases this year, but that the cities on the list are most likely to see significant housing inflation in the next few years.