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Winners & Losers

CNNMoney.com has a pair of articles surveying the collapsing housing market. Hard to believe but even in these dark times, there are markets that are experiencing growth. Here’s the list of the top 10 fastest growing real estate markets. The list reads from fastest growth on down:

  1. McAllen, TX
  2. Rochester, NY
  3. Birmingham, AL
  4. Syracuse, NY
  5. Buffalo/Niagara Falls, NY
  6. New Orleans, LA
  7. Scranton, PA
  8. Grand Rapids, MI
  9. Baton Rouge, LA
  10. El Paso, TX

And, according to this article, these are the areas expected to be hit the hardest in the downturn:

  1. Miami, FL
  2. Fort Lauderdale, FL
  3. Orlando, FL
  4. Phoenix, AZ
  5. Las Vegas, NV
  6. West Palm Beach, FL
  7. Tampa, FL
  8. Riverside, CA
  9. Tucson, AZ
  10. Stockton, CA

Plan accordingly!

Credit: Top 10 Fastest Growing Real Estate Markets