TEXAS BUYERS MARKETS SCORE BIG
DESTIN, Fla. (webwire.com, Housing Predictor) – Five Texas real estate markets made the annual Housing Predictor Hottest 10 Buyers Markets forecast, with McAllen nabbing the second spot.
Other Texas markets to make the list were Austin (fifth), Houston (sixth), El Paso (eighth) and Dallas (tenth). Albuquerque, N.M., was named number one.
Housing Predictor’s selections are based on surveys of 75 out of more than 250 housing markets forecast on its website. The highest amount of forecast appreciation during the remainder of 2007 was given the heaviest weight in the survey. Market conditions, sales velocity, pricing and more than 20 other factors were also considered.