Hottest 10 Buyers Markets

Real estate markets are experiencing changes throughout the majority of the country, but the Hottest 10 Buyers Housing Markets in 2008 are the exceptions to the rule.

Two Hawaii markets were on the Hottest 10 list at the beginning of the year, but both Honolulu and Maui have lost their positions due to major changes in their marketplaces. (Read the Hawaii state page for details.) As a result, Salem, Oregon moves up the list to the #1 position, followed by Bismarck, North Dakota.

The Hottest 10 Buyers Housing Markets forecast in 2008 have regional economies that are healthy and have strong potential for being exceptionally prosperous through the end of the year, despite a national recessionary economy.

Many people who work in Portland, Oregon live in Salem down the highway from the state’s largest urban center. Salem has experienced one of the richest booming housing markets for more than two years and is forecast to see a healthy market through at least most of the year.

Bismarck, North Dakota like the majority of its state has been spared the subprime debacle. The Hottest 10 represent markets that aren’t just the exceptions to the rule in national real estate trends, but show that no matter what the national economy is like there are always hot markets somewhere in real estate.

Rank	Real Estate Market	2008 Forecast
1.	Salem, OR	6.5 %
2.	Bismarck, ND	5.6 %
3.	Sun Valley, ID	5.1 %
4.	Biloxi, MS	5.1 %
5.	Austin, TX	4.8 %
6.	Grand Junction, CO	4.5 %
7.	Fargo, ND	4.5 %
8.	Spokane, WA	4.2 %
9.	Salt Lake City, UT	3.9 %
10.	Hattiesburg, MS	3.7 %

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