Publication Date:
Fri, 2012-12-14 13:22
Article Image:
Jed Kolko, chief economist for online real estate resource Trulia, Inc., has his eye on 10 "healthy" housing markets with strong fundamentals entering 2013.
The healthy markets that made his list have strong labor growth (Bureau of Labor Statistics), which bodes well for housing demand; low vacancy rates (U.S. Postal Service) -- low enough to encourage new construction, but not so low that inventory and sales are restrained; and low foreclosure inventory (RealtyTrac), since foreclosures tend to hold back recovery.
The 10 healthiest metros for housing in 2013 (among the 100 largest metros) are:
1. Houston, Texas
2. San Francisco, Calif.
3. Bethesda-Rockville-Frederick, Md.
4. San Antonio, Texas
5. Austin, Texas
6. Seattle, Wash.
7. Omaha, Neb.
8. Peabody, Mass.
9. Fort Worth, Texas
10. Louisville, Ky.
For more information, click here [1].
