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| Panama City Beach News |
Today's Tips |
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 10 BEST CITIES FOR RISING HOME VALUES
Business 2.0 magazine ranked the top 10 cities for buying property & while the experts say these locales may not be immune to the current housing malaise, eventually property values in these places, for a variety of reasons are likely to zoom. Here's the list, along with projected gain in home prices.
1. Panama City, FL: 72%. Projected gain in home
prices over five years. A new airport that will be
built next year will open the area to vacationers
and residents.
2. Vero Beach, FL: 64%. Demand for housing along
with moderate property taxes and beautiful weather
will drive growth.
3. Bridgeport, CN: 63%. Proximity and the
staggering home prices in other parts of Fairfield
County are making this hardscrabble area
appealing to New York City commuters.
4. Lakeland, FL: 59%. This growing area is only 30
minutes from Tampa via Interstate 4, but prices are
80 percent lower.
5. McAllen, TX: 57%. A Hispanic baby boom and
rising incomes are driving demand for bigger
homes.
6. San Luis Obispo, CA.: 40%. Compared to
southern California, the prices here are low and
the developing wine industry adds to the appeal.
7. Wilmington, NC: 37%. With great golf, mild
weather, and its proximity to water, this area is a
great retirement community.
8. Manchester, N.H: 35%. This city was the winner
of Money Magazine's best place to live in America.
It's within commuting distance of Boston, but
home prices are a fraction, and there's no income
or sales tax.
9. Fort Collins, CO: 28%. This winner of many best
lists has great schools, low crime, and good jobs -
plus 40 parks within the city limits.
10. Atlanta, GA: 24%. Commuting is a bear here
and many newcomers to the area are driving up
prices in close-in suburbs as the area's overall economic
fortunes continue to rise.
Source: BUSINESS 2.0 (03/01/07);
Crye-Leike® Connections is a free electronic real estate news magazine presented by Crye-Leike®, Realtors®, the nation's 6th largest real estate company.
To view a complete inventory of archived press releases and other company news please visit the newsroom at: www.crye-leike.com/corporate/newsroom.php.
Cities TopCities
for Rising Home Values in the U.S. |
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