Friday, October 22, 2010

Best Time to Buy Real Estate in Washington


 

 

According to David Goldstein’s online article The Strongest Real Estate Markets for 2011 & Beyond,
the State of Washington will have the highest increase in home prices between now and 2014.

“Washington State is far ahead of the rest of the states on the list with a predicted 44.7% increase in home prices between now and 2014.  Whether you are talking about residential or commercial real estate, you will find Washington State at the top of every list compiling the best real estate markets today as well as in the foreseeable future.”

Washington State Home Prices
To Increase 44.7% by 2014!

 
The Top 10 States in order from highest to lowest for home price increase by 2014 are:
1st Washington State at                                     44.7%
2nd Oregon at                                                                       33.6%
3rd  Michigan (especially Detroit)                                            33.1%
4th  California (with emphasis on the Napa area)                     31-33%
5th  Nevada (especially the Carson City Metro area)               31.6%
6th  Florida at                                                                        26.9%
7th  Arizona (with emphasis on the Flagstaff area)                    26%
8th  New Mexico at                                                               25.8%
9th  Wyoming (especially the Cheyenne area)                         23.7%
10th Alaska at                                                                        20%