Hottest Housing Markets Named in 2009

The annual hottest 10 buyers housing markets named in the second half of 2009 are scattered across the country in nine different states with only Texas taking two of the top spots. No other state dominates the annual Housing Predictor top buyers markets list for the rest of the year.

Despite the downturn in housing markets, communities in Utah, South Dakota, Mississippi, North Dakota, Montana, Louisiana, Arizona, Wyoming and Mississippi were named to the list. None of the markets are in major urban centers, which have generally been devastated by the financial crisis.

The top spot in the annual mid-year update goes to Amarillo, Texas and is among the top markets forecast to attain the highest appreciation for the year.

The hottest 10 buyers markets represent growing local economies, which are projected to grow into 2010, despite the recessionary economy, and into the following decade as the composition of the U.S. population changes, resulting in a major shift in housing markets nationally.

A new generation of hope has been delivered by the Obama administration, and the hottest buyers markets represent communities that possess the highest probability of success for home buyers to make a profit. These markets may be considered the best of the worst in what has materialized as the worst economy since the Great Depression.

Housing Predictor forecasts more than 250 local housing markets in all 50 states. Check your market forecast, search real estate listings, foreclosures, take the new Predictor Poll and check the latest real estate news at http://www.housingpredictor.com