Destin, FL – March 9, 2011 – (RealEstateRama) — Driven by swelling local job markets, the best housing markets for investors in 2011 are spread across the U.S. with many markets located in areas that have a huge number of government jobs. The nation’s capitol, Washington, D.C. leads the annual just released list by Housing Predictor.
Other markets that share strong employment as a result of the growth in federal jobs near the capitol have also been named to the top ten list. The markets represent growing regional economies with the emergence of new patterns of growth in the U.S. as the country recovers from the worst real estate downturn since at least the Great Depression.
Until now most of the top buyers markets announced annually have been located greatly in the Southern half of the nation, but as job prospects increase and regional economies improve the mixture of markets from many U.S. regions are projected to grow.
Foreclosures have resulted in 7-million homeowners losing their homes since the housing mess started with momentum growing for the crisis to reach the 16.5-million foreclosures forecast.
Historically housing leads the U.S. economy out of economic recessions. Housing Predictor tracks more than 230 local housing markets in all 50 U.S. states, forecasts markets across the country and keeps visitors up to date on real estate news and mortgage rates.