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Ben Lane – Author

5. San Francisco-Oakland-Fremont, CA

Veros’ data expects home prices in the Northern California metro area to rise by 8.8% in the next 12 months. And with home prices in the area already at the highest level in the country, the market by the bay is one of the strongest in the country.

4. Bismarck, ND

North Dakota has recently been called the “Saudi Arabia of the United States” due to its booming energy market. Homes in the state’s capital city are expected to rise by 9.1% in the next 12 months.

3. Midland, TX

Midland is also experiencing an energy boom, making the West Texas city a very strong market for homes. Veros’ data expects the homes in Midland to appreciate by 9.3% in the next 12 months.

 2. Los Angeles-Long Beach-Santa Ana, CA

Southern California has a warm climate and a hot real estate market. Homes in the area are expected to appreciate by 9.3% as well.

1. San Jose-Sunnyvale-Santa Clara, CA

The number one market for home price appreciation is expected to see an increase of 9.7% in the next 12 months. That’s almost three times the expected national average.

 

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Comments
  1. Jianlong Lou says:

    This is wonderful prediction for those of us doing PL/TD in the bay area! But keep in mind, it is only one opinion from one person, so don’t bet all your eggs in this basket!

    Happy Lending and Blissful Living!

    Jianlong Lou

    • bjekowsky says:

      Thanks Jianlong Lou – You are absolutely correct, it is important to understand that looking at the “big picture” and putting together many opinions and sources of information, before you make a decision relative to Real Estate Investing, is crucial. This Blog is just one of many sources of information and of course, does not want to have anyone think it is the final word. Just a source of good content – at least that is the goal. Your opinion and advice are so appreciated. Best, Barry

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