Destin, FL – January 30, 2012 – (RealEstateRama) — The five most likely U.S. metropolitan housing markets forecast to recover in 2012 are being announced by Housing Predictor, which forecasts more than 230 cities housing markets. The pack is lead by Miami, Florida and has a handful of what might appear to be polar opposites.
Texas, New York, Oklahoma, and Nebraska cities made the list of markets that are most likely to recover from the worst downturn in real estate since the Great Depression. The foreclosure crisis is impacting most of these cities less than the hardest hit communities in the nation.
Consumers, real estate companies, home builders, Wall Street bankers, investors, homeowners and many of the country’s largest retailers depend on Housing Predictor forecasts to make better decisions. Housing markets are reeling from the real estate collapse and the continuing decline in home prices in most areas of the country. But not all markets are forecast to decline in 2012. Some are forecast to appreciate in home values over the year.
Housing Predictor tracks more than 230 local housing markets in all 50 U.S. states, and regularly surveys visitors about important real estate related issues keeping visitors up to date on real estate news and mortgage rates.