|
First Quarter 2013
|
Ranking of Best Markets for Real Estate Investment
First Quarter 2013
Source: Local Market Monitor
Markets can be ranked as “low risk,” “medium risk,” “speculative” and “dangerous” depending on their numerical score of minus-ten to plus-ten based on population, job growth, unemployment, home price changes, the market’s equilibrium home price and the 12-month home price forecast.
|
|
Low Risk
Score range: 6 to 10
|
Medium Risk
Score range: 3 to 5
|
Speculative
Score range: 1 to 2
|
Dangerous
Score range: -10 to 0
|
|
Abilene, TX 6
|
Akron, OH 3
|
Albany, GA 2
|
Atlantic City, NJ 0
|
|
Amarillo, TX 6
|
Albany, NY 3
|
Albuquerque, NM 2
|
Auburn, AL 0
|
|
Anchorage, AK 6
|
Alexandria, LA 5
|
Allentown, PA 2
|
Augusta, GA -2
|
|
Anniston-Oxford, AL 6
|
Ann Arbor, MI 5
|
Altoona, PA 1
|
Battle Creek, MI -4
|
|
Appleton,WI 6
|
Asheville, NC 3
|
Binghamton, NY 1
|
Brownsville,TX 0
|
|
Austin, TX 8
|
Athens, GA 4
|
Bridgeport, CT 2
|
Charleston, WV -1
|
|
Bakersfield, CA 6
|
Atlanta, GA 4
|
Buffalo-Niagra Falls, NY 1
|
Dalton, GA -3
|
|
Bellingham, WA 7
|
Baltimore, MD 3
|
Camden, NY 2
|
Destin, FL 0
|
|
Bethesda, MD 6
|
Bangor, ME 3
|
Charlottesville, VA 2
|
Decatur, IL -2
|
|
Billings, MT 6
|
Barnstable Town, MA 3
|
Cleveland, OH 2
|
Daytona Beach, FL 0
|
|
Bismarck, ND 10
|
Baton Rouge, LA 5
|
Columbia, SC 2
|
Dover, DE -1
|
|
Blacksburg, VA 7
|
Beaumont, TX 4
|
Detroit, MI 2
|
Johnson City, TN -1
|
|
Bloomington-Normal, IL 6
|
Bend, OR 3
|
Eau Claire, WI 1
|
Johnstown, PA 0
|
|
Boise, ID 8
|
Birmingham, AL 3
|
Edison, NJ 2
|
Kingston, NY 0
|
|
Boston, MA 6
|
Bloomington, IN 4
|
Erie, PA 2
|
Muskegon, MI -3
|
|
Boulder, CO 6
|
Bowling Green, KY 3
|
Gainsville, FL 1
|
Norwich, CT -4
|
|
Burlington, VT 6
|
Bremerton, WA 3
|
Gary, IN 2
|
Marietta, WV -1
|
|
Fort Myers, FL 6
|
Canton, OH 3
|
Glens Falls, NY 1
|
Port St. Lucie, FL -1
|
|
Cheyenne, WY 6
|
Cedar Rapids, IA 5
|
Gulfport-Biloxi, MS 1
|
Providence, RI 0
|
|
Clarksville, TN 6
|
Champaign-Urbana, IL 4
|
Hagerstown, MD 2
|
Rockford, IL 0
|
|
Corpus Christi, TX 7
|
Charleston, SC 5
|
Hartford, CT 1
|
Saginaw, MI 0
|
|
Dallas, TX 7
|
Charlotte, NC 4
|
Hickory, NC 2
|
Salisbury, MD -4
|
|
Denver, CO 6
|
Chattanooga, TN 3
|
Jacksonville, FL 2
|
Sheboygan, WI 0
|
|
Dubuque, IA 6
|
Chicago, IL 3
|
Lake County, IL 2
|
South Bend, IN 0
|
|
Durham, NC 6
|
Chico, CA 3
|
Las Cruces, NM 1
|
Tallahassee, FL 0
|
|
Elkhart, IN 7
|
Cincinnati, OH 5
|
Manchester, NH 2
|
Tuscaloosa, AL -1
|
|
Fargo, ND 8
|
College Station, TX 5
|
Mansfield, OH 1
|
Vineland, NJ -1
|
|
Fayetteville, AR 8
|
Colorado Springs, CO 4
|
Milwaukee, WI 2
|
Winchester, VA -1
|
|
Florence, AL 6
|
Columbia, MO 5
|
Mobile, AL 1
|
|
|
Ft. Collins, CO 7
|
Columbus, GA 3
|
Murtle Beach, SC 1
|
|
|
Ft. Wayne, IN 6
|
Columbus, OH 5
|
Nassau, NY 2
|
|
|
Ft. Worth, TX 7
|
Davenport, IA 4
|
Newark, NJ 2
|
|
|
Grand Rapids, MI 6
|
Dayton, OH 4
|
New Haven, CT 2
|
|
|
Greely, CO 6
|
Decatur, AL 3
|
Benton Harbor, MI 1
|
|
|
Holland, MI 6
|
Des Moines, IA 4
|
Pensacola, FL 2
|
|
|
Honolulu, HI 6
|
Dothan, AL 3
|
Philadelphia, PA 2
|
|
|
Thibodaux, LA 6
|
Duluth, MN 4
|
Poughkeepsie, NY 2
|
|
|
Houston, TX 7
|
El Paso, TX 4
|
Prescott, AZ 2
|
|
|
Ithaca, NY 7
|
Eugene, OR 5
|
Pueblo, CO 2
|
|
|
Jonesboro, AR 6
|
Evansville, KY 3
|
Racine, WI 2
|
|
|
Kalamazoo, MI 6
|
Fayetteville, NC 4
|
Roanoke,VA 2
|
|
|
Lafayette, IN 6
|
Flagstaff, AZ 4
|
Rochester, NY 2
|
|
|
Lafayette, LA 8
|
Flint, MI 3
|
Rocky Mount, NC 2
|
|
|
Lake Charles, LA 6
|
Florence, SC 5
|
Salem, OR 2
|
|
|
Lexington, KY 6
|
Ft. Lauderdale, FL 4
|
Springfield, MA 1
|
|
|
McAllen, TX 6
|
Ft. Smith, AR 3
|
Springfield, OH 2
|
|
|
Merced, CA 6
|
Fresno, CA 4
|
Toledo, OH 1
|
|
|
Midland, TX 10
|
Gainsville, GA 5
|
Trenton, NJ 1
|
|
|
Modesto, CA 6
|
Grand Forks, ND 3
|
Utica, NY 2
|
|
|
Monroe, LA 6
|
Grand Junction, CO 3
|
Wheeling, WV 2
|
|
|
Morgantown, WV 6
|
Green Bay, WI 5
|
Winston-Salem, NC 1
|
|
|
Naples, FL 6
|
Greensboro, NC 3
|
Youngstown, OH 1
|
|
|
Odessa, TX 10
|
Greenville, NC 4
|
|
|
Ogden, UT 7
|
Greenville, SC 3
|
|
|
Oklahoma City, OK 7
|
Harrisburg, PA 3
|
|
|
Phoenix, AZ 8
|
Hattiesburg, MS 4
|
|
|
Provo, UT 7
|
Huntington, OH 4
|
|
|
St. George, UT 6
|
Huntsville, AL 4
|
|
|
St. Joseph, MO 6
|
Indianapolis, IN 5
|
|
|
|
Iowa City, IA 5
|
|
|
|
Jackson, MI 3
|
|
|
|
Jackson, MS 3
|
|
|
|
Jackson, TN 5
|
|
|
|
Janesville, WI 3
|
|
|
|
Joplin, MO 3
|
|
|
|
Kansas City, MO 3
|
|
|
|
Kennewick, WA 4
|
|
|
|
Killeen-Ft. Hood, TX 4
|
|
|
|
Kingsport, TN 3
|
|
|
|
Knoxville, TN 5
|
|
|
|
LaCrosse, WI 5
|
|
|
|
Lakeland, FL 3
|
|
|
|
Lancaster, PA 4
|
|
|
|
East Lansing, MI 3
|
|
|
|
Loredo, TX 3
|
|
|
|
Las Vegas, NV 4
|
|
|
|
Lima, OH 4
|
|
|
|
Lincoln, NE 5
|
|
|
|
Little Rock, AR 5
|
|
|
|
Longview, TX 5
|
|
|
|
Los Angeles, CA 5
|
|
|
|
Louisville, KY 5
|
|
|
|
Lubbock, TX 3
|
|
|
|
Lynchburg, VA 5
|
|
|
|
Macon,GA 4
|
|
|
|
Madison, WI 3
|
|
|
|
Medford, OR 5
|
|
|
|
Memphis, TN 3
|
|
|
|
Miami, FL 4
|
|
|
|
Minneapolis, MN 5
|
|
|
|
Missoula, MT 5
|
|
|
|
Montgomery, AL 3
|
|
|
|
Muncie, IN 4
|
|
|
|
Napa, CA 4
|
|
|
|
Nashville, TN 5
|
|
|
|
New Orleans, LA 5
|
|
|
|
White Plains, NY 3
|
|
|
|
Sarasota, FL 5
|
|
|
|
Oakland, CA 5
|
|
|
|
Ocala, FL 4
|
|
|
|
Olympia, WA 4
|
|
|
|
Omaha, NE 5
|
|
|
|
Orlando, FL 4
|
|
|
|
Oshkosh, WI 4
|
|
|
|
Oxnard, CA 5
|
|
|
|
Palm Bay, FL 5
|
|
|
|
Panama City, FL 3
|
|
|
|
Pascagoula, MS 5
|
|
|
|
Peabody, MA 4
|
|
|
|
Peoria, IL 3
|
|
|
|
Pittsburgh, PA 5
|
|
|
|
Portland, ME 3
|
|
|
|
Portland, OR 4
|
|
|
|
Raleigh, NC 4
|
|
|
|
Rapid City, SD 5
|
|
|
|
Reading, PA 3
|
|
|
|
Redding, CA 4
|
|
|
|
Reno, NV 5
|
|
|
|
Richmond, VA 3
|
|
|
|
Riverside, CA 3
|
|
|
|
Rochester, MN 5
|
|
|
|
Sacramento, CA 4
|
|
|
|
St. Cloud, MN 4
|
|
|
|
St. Louis, MO 3
|
|
|
|
Salinas, CA 5
|
|
|
|
San Diego, CA 5
|
|
|
|
Santa Ana, CA 4
|
|
|
|
Santa Barbara, CA 5
|
|
|
|
Santa Fe, NM 4
|
|
|
|
Savannah, GA 4
|
|
|
|
Scranton, PA 3
|
|
|
|
Shreveport, LA 4
|
|
|
|
Sioux City, SD 5
|
|
|
|
Spokane, WA 3
|
|
|
|
Springfield, IL 5
|
|
|
|
State College, PA 5
|
|
|
|
Syracuse, NY 4
|
|
|
|
Tacoma, WA 4
|
|
|
|
Tampa-St. Pete, FL 5
|
|
|
|
Topeka, KS 3
|
|
|
|
Valdosta, GA 5
|
|
|
|
Vallejo, CA 5
|
|
|
|
Norfolk, VA 3
|
|
|
|
Visalia, CA 4
|
|
|
|
Warner Robins, GA 3
|
|
|
|
Warren, MI 5
|
|
|
|
Waterloo, IA 4
|
|
|
|
Wausau, WI 4
|
|
|
|
West Palm Beach, FL 4
|
|
|
|
Wichita, KS 4
|
|
|
|
Wichita Falls, KS 5
|
|
|
|
Wilmington, DE 4
|
|
|
|
Wilmington, NC 3
|
|
|
|
Worcester, MA 3
|
|
|
|
Yakima, WA 3
|
|
|
|
York, PA 3
|
|
|
|
Yuma, AZ 4
|
|
|
