Second Quarter 2013

HomeVestors – Ranking of Best Markets for Real Estate Investment
Jun 04 2013, Local Market Monitor

Ranking    of Best Markets for Real Estate Investment

Second    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    4 Albany, NY   2 Anniston-Oxford, AL   -1
Ann Arbor, MI   8 Albuquerque, NM    4 Albany, GA    1 Atlantic City, NJ    -3
Atlanta, GA    6 Allentown, PA    2 Alexandria, LA   1 Bangor, ME    -1
Austin, TX    8 Amarillo, TX  3 Altoona, PA    1 Dalton, GA    0
Bakersfield, CA  6 Anchorage, AK    5 Augusta, GA    2 Decatur, IL    -4
Baton Rouge, LA    6 Appleton, WI    4 Beaumont, TX    1 Huntington, OH    0
Billings, MT    8 Asheville, NC    3 Binghamton, NY    1 Lima, OH    -1
Bismarck, ND    10 Athens, GA    4 Bloomington-Normal, IL   2 Johnstown, PA    -1
Boise, ID    8 Auburn, AL    5 Bloomington, IN    2 Kingston, NY    -2
Boston, MA    6 Baltimore, MD    3 Bridgeport, CT    2 Mansfield, OH    -5
Boulder, CO    6 Barnstable Town, MA  3 Buffalo-NiagaraFalls, NY  1 Norwich, CT    -2
Burlington, VT    6 Battle Creek, MI   3 Camden, NJ  2 Providence, RI     0
Fort Myers, FL    6 Bellingham, WA    3 Charleston, WV   2 Racine, WI    -1
Charleston, SC Bend, OR    3 Charlottesville, VA    2 Rockford, IL    0
Cheyenne, W Y    6 Birmingham, AL    3 Cleveland, OH    2 Rocky Mount, NC    -5
Columbus, OH    6 Blacksburg, VA    4 Dothan, AL    2 Saginaw, MI    -1
Corpus Christi, TX    7 Bowling Green, KY   3 Dover, DE    2 Shreveport, LA    -1
Dallas, TX    7 Bremerton, WA    3 Duluth, MN    2 Springfield, OH    0
Daytona Beach, FL    6 Brownsville, TX    3 Gary, IN    2 Vineland, NJ    0
Des Moines, IA    6 Canton, OH    3 Glens Falls, NY    1
Denver, CO    6 Cedar Rapids, IA    5 Grand Junction, CO   2
Destin, FL    6 Champaign-Urbana, IL  4 Gulfport-Biloxi, MS    1
Durham, NC    6 Charlotte, NC    4 Hagerstown, MD    2
East Lansing, MI    6 Chattanooga, TN    3 Hartford, CT    2
Fargo, ND    6 Chicago, IL    3 Hickory, NC    2
Fayetteville, AR    8 Chico, CA    3 Huntsville, AL    2
Flagstaff, AZ    7 Cincinnati, OH    5 Johnson City, TN    1
Ft. Worth, TX    7 Clarksville, TN    4 Joplin, MO    1
Ft. Lauderdale, FL    8 College Station, TX    5 Kingsport, TN    2
Gainesville, FL    6 Colorado Springs, CO   4 Lake County, IL    2
Gainesville, GA    6 Columbia, MO    5 Marietta, WV    2
Grand Rapids, MI    6 Columbia, SC    3 Medford, OR    2
Grand Forks, ND    7 Columbus, GA    3 Milwaukee, WI    2
Holland, MI    6 Davenport, IA     4 Montgomery, AL    2
Thibodaux, LA    6 Dayton, OH    4 Muncie, IN    2
Houston, TX    7 Decatur, AL    3 Myrtle Beach, SC    1
Ithaca, NY    7 Detroit, MI    3 Newark, NJ    2
Jonesboro, AR    6 Dubuque, IA    5 New Haven, CT    2
Killeen-Ft. Hood, TX    6 Eau Claire, WI    4 New York-Jersey City NY 2
Knoxville, TN    6 Edison, NJ     3 Benton Harbor, MI    1
Lafayette, LA    8 El Paso, TX    4 Poughkeepsie, NY    2
Lake Charles, LA    6 Elkhart, IN    5 Portland, ME    2
Lexington, KY    6 Erie, PA    3 Pueblo, CO    2
Laredo, TX    6 Eugene, OR    5 Sheboygan, WI    2
Lubbock, TX    6 Evansville, KY    3 South Bend, IN   2
Las Vegas, NV    8 Fayetteville, NC    4 Springfield, MA    1
Merced, CA    6 Flint, MI    3 St. Louis, MO    2
Miami, FL    7 Florence, SC    5 Syracuse, NY    2
Minneapolis, MN    6 Florence, AL    6 Texarkana, TX-AR  2
Midland, TX    10 Ft. Collins, CO    7 Toledo, OH    1
Modesto, CA    6 Ft. Wayne, IN    6 Utica, NY    2
Morgantown, WV    6 Ft. Smith, AR    3 Wheeling, WV    2
Napa, CA    9 Fresno, CA    4 Williamsport, PA   2
Naples, FL    7 Greeley, CO  5 Winston-Salem, NC    1
Nashville, TN   6 Green Bay, WI    5 York, PA    2
New Orleans, LA   6 Greensboro, NC    3 Youngstown, OH    1
Oakland, CA    7 Greenville, NC    4
Ocala, FL    4 Greenville, SC    3
Odessa, TX    10 Harrisburg, PA    3
Ogden, UT    7 Hattiesburg, MS    4
Oklahoma City, OK    7 Honolulu, HI    5
Orlando, FL 7 Indianapolis, IN    5
Peabody, MA    6 Iowa City, IA    5
Pensacola, FL    7 Jackson, MI    3
Phoenix, AZ    8 Jackson, MS    3
Port St. Lucie, FL    6 Jackson, TN    5
Prescott, AZ    6 Jacksonville, FL    4
Provo, UT    7 Janesville, WI    3
Reno, NV   7 Kalamazoo, MI    4
Sacramento, CA  6 Kansas City, MO    3
Salt Lake City, UT  7 Kennewick, WA    4
San Antonio, TX  7 LaCrosse, WI    5
San Francisco, CA  8 Lafayette, IN    4
San Jose, CA  7 Lake Havasu City, AZ   3
San Luis Obispo, CA  9 Lakeland, FL    3
Santa Ana, CA   8 Lancaster, PA    4
Santa Cruz, CA  7 Las Cruces, NM    4
Santa Rosa, CA  7 Lincoln, NE    5
Sarasota, FL   7 Little Rock, AR    5
Seattle, WA  6 Longview, TX    5
Silver Spring, MD  6 Los Angeles, CA    5
Sioux City, SD  6 Louisville, KY    5
Springfield, MO  6 Lynchburg, VA    5
St. George, UT    6 Macon, GA     3
Stockton, CA    6 Madison, WI    5
Tuscaloosa, AL    6 Manchester, NH    3
Tucson, AZ   6 McAllen, TX    4
Tulsa, OK    6 Memphis, TN    3
Vallejo, CA    7 Missoula, MT    5
Waco, TX  6 Mobile, AL    3
Warren, MI    7 Monroe, LA    5
Washington DC  6 Muskegon, MI    4
West Palm Beach, FL   7 Nassau, NY    4
Winchester, VA    6 White Plains, NY    3
Olympia, WA    4
Omaha, NE    5
Oshkosh, WI    4
Oxnard, CA    5
Palm Bay, FL    5
Panama City, FL    3
Pascagoula, MS    5
Peoria, IL    3
Philadelphia, PA    4
Pittsburgh, PA    5
Portland, OR    4
Raleigh, NC    4
Rapid City, SD    5
Reading, PA    3
Redding, CA    4
Richmond, VA    3
Riverside, CA   3
Rochester, MN    5
Roanoke, VA    3
Rochester, NY    4
Salem, OR    4
St. Cloud, MN    4
Salisbury, MD    3
Salinas, CA     5
San Diego, CA    5
Santa Barbara, CA    5
Santa Fe, NM    4
Savannah, GA    4
Scranton, PA    3
Spokane, WA    3
Springfield, IL    5
St. Joseph, MO    3
State College, PA    5
Tacoma, WA    4
Tallahassee, FL    3
Tampa-St. Pete, FL    5
Terre Haute, IN   3
Topeka, KS    3
Trenton, NJ    3
Tyler, TX   3
Valdosta, GA    5
Norfolk, VA    3
Visalia, CA    4
Warner Robins, GA    3
Waterloo, IA    4
Wausau, WI    4
Wichita, KS    4
Wichita Falls, KS    5
Wilmington, DE    4
Wilmington, NC    3
Worcester, MA    3
Yakima, WA    3
Yuma, AZ    4