Money Magazine: Next hot market...think Washington

[Sundodger]

Next hot market...think Washington

Here is the top 25, which includes every market in Washington large enough for their survey. 13 of the top 21 are in the NW:

1 Panama City-Lynn Haven FL 21.20%

2 Wenatchee WA 16.70%

3 Mount Vernon-Anacortes WA 14.50%

4 El Centro CA 14.10%

5 Lakeland FL 13.90%

6 Olympia WA 13.10%

7 Ocala FL 12.90%

8 Yakima WA 12.80%

9 Spokane WA 12.40%

10 Flagstaff AZ 12.10%

11 Bremerton-Silverdale WA 11.50%

12 Longview WA 11.40%

13 McAllen-Edinburg-Pharr TX 11.40%

14 Kennewick-Richland-Pasco WA 11.00%

15 Bellingham WA 10.80%

16 Cumberland MD 10.80%

17 Seattle-Bellevue-Everett WA 10.50%

18 Bend OR 10.40%

19 Boise City-Nampa ID 10.10%

20 Pittsfield MA 9.70%

21 Tacoma WA 9.60%

22 Cape Coral-Fort Myers FL 9.30%

23 Naples-Marco Island FL 9.30%

24 Las Cruces NM 9.00%

25 Salisbury MD 9.00%

Full list here.

I think the article may be 2 years too late, we are seeing a slight flattening in some price ranges as builders catch up with the demand. As long as we don't screw up many of the pull factors to the area (like impose an income tax), then we should continue to grow and see property values appreciate.

[catdr]

I do not know if this is good news or bad news? I guess it is good if you live there and bad if you are moving or planning to move there.