Lucky 7 Investor Forecast
The Lucky 7 Best Investor Housing Predictor real estate market forecasts for 2008 are intended for investors willing to take a risk buying real estate to make a profit.
Housing Predictor forecasts more than 250 local housing markets in all 50 U.S. states and the Lucky 7 Forecast is betting that investors will make a profit in the forecast markets. However, purchasers obtaining financing should be able to handle mortgage payments for a longer period of time if they have to retain ownership for more than the calendar year.
Housing Predictor provides these forecasts in response to demand by consumers as a guide post for investors.
The number #1 spot selected in the nation is Austin, Texas which is mushrooming with growth powered by a strong and vibrant economy with a growing high tech industry, and a booming population.
The second selection is Asheville, North Carolina. Asheville has been an exception on the national scene, strongly appreciating for the past few years. But Asheville will see even more growth with the announcement that Professional Golfer Tiger Woods will design a major golf course in the community.
In third place is Houston, Texas, which hadn’t seen a real estate boom like it did since the oil boom days more than two decades ago. For years Houston housing slowly but consistently appreciated at just three to four percent annually, but Houston is forecast to appreciate more over the long haul than any of the other markets to make the Lucky 7. Albuquerque, New Mexico is Housing Predictor’s top appreciating housing market in 2007 and it should remain a good bet for investors in 2008 at fourth place.
Salem, Oregon, Boise, Idaho and Grand Junction, Colorado round out the Lucky 7 investor forecast.