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Article #170: Washington, Oregon And Idaho Real Estate Markets Make Top 25 Forecast

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Real estate markets in Washington, Oregon forecast by the U.S. Census Bureau to
and Idaho composing the greater Pacific easily double in size over the next
North-West have made the annual U.S. decade. Boise is business friendly and
Housing Predictor Top 25 market forecast. has been named by many periodicals to be
Housing Predictor, which is an the best place to start a new business in
information driven web site forecasts the nation.
more than 250 local housing markets in The Housing Predictor Top 25 Market
all 50 states, and names the Top 25 Forecast is regarded as a leading
markets annually in January, updating the resource for real estate buyers, owners,
list as local market conditions demand. investors and real estate professionals.
The Top 25 markets have the highest The addition of the three Pacific
probability of appreciation of all U.S. North-West markets comes shortly before
markets forecast. the annual mid-year update of the Top 25
Fourteen states are now represented by U.S. markets, which is issued July 1st
local housing markets in the Top 25 that each year projecting housing market
are appreciating, despite the national appreciation through the end of the year.
real estate slump. Housing Predictor has The top markets growing leap into 14
a special report this month on just how states are further evidence that local
"The Worst May Be Over in the U.S. Real housing markets in a majority of the
Estate Slowdown." nation are appreciating or are at least
Propelled by a growing high tech boom and stabilizing as the U.S. real estate
a healthy aerospace industry, the real market rebounds from a nationwide
estate market in Seattle, Washington, slowdown triggered by higher interest
which appeared as though it would slow rates and massive fraud in mortgage
down and depreciate in 2007 earlier in lending. Congress is considering the
the year was added to the list. institution of new laws to further
Portland, Oregon, which has seen it's control mortgage lending, which has been
home prices more than double in the last rampant with unethical lending practices
six years alone and Boise, Idaho were forcing many homeowners into foreclosure.
also named to the Top 25 list. Boise is






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