Home Price Forecast in 100 Top Markets
CNN/Money has an interesting article on home price appreciation in the 100 top markets, including a table listing the percent increase in each over the past five years, as well as a forecast for 2006. Some of the five year numbers are pretty unbelievable… On the one hand I’d love to have been in the market in some of these places, but on the other hand I’m thankful to live somewhere that homes are affordable — the five year increase in my area was just under 20%. The bottom line going forward: prices will likely keep rising over the next year, although the hottest markets should cool off a bit.
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