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