West Virginia is Helping Lead the Nation’s Housing Recovery
A boom in farm prices has caused many Midwest cities to emerge as leaders for some of the strongest predictions for housing appreciation in 2012. Kansas City, Kan., came in the top spot in Housing Predictor’s annual survey, forecasting an appreciation of 5.8 percent for this year.
“The recovery is starting in housing with these cities and will eventually spread to other communities throughout the nation as the U.S. recovers from the worst collapse in real estate since the Great Depression,” according to Housing Predictor.
Here are the top cities expected to have housing appreciation in 2012 and by how much, according to Housing Predictor’s latest report:
1. Kansas City, Kan.: 5.8%
2. Topeka, Kan.: 4.7%
3. Charleston, W.V.: 4.5%
4. Oklahoma City, Okla.: 4.3%
5. Minot, N.D.: 4.2%
6. Overland Park, Kan.: 4.2%
7. Wichita, Kan.: 4.1%
8. Huntington, W.V.: 4%
9. Wheeling, W.V.: 3.9%
10. Bismarck, N.D.: 3.6%
11. Casper, Wyo.: 3.5%
12. Lake Charles, La.: 3.4%
13. Rapid City, S.D.: 3.2%
14. El Paso, Texas: 3.2%
15. Cheyenne, Wyo.: 3.2%
Source: “Best Housing Markets 2012,” HousingPredictor (January 2012)
Read More:
15 Cities Where Listing Prices Are Rebounding
This article was written and distributed by the National Association of Realtors http://realtormag.realtor.org/daily-news/2012/01/03/several-housing-markets-head-for-appreciation-in-2012
About Suzette Bailey
