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10 Fastest Appreciating Housing Markets in the US

Written by Joe Fairless | Nov 26, 2018 7:32:48 PM

Veros recently released it’s third quarter VeroFORECAST, which predicts property value trends in metropolitan statistical areas (MSA) across the US between September 2018 and September 2019.

According to the report, the top 100 most populated MSAs will appreciate 4.5% over the next 12 months. Of all MSAs, Vero predicts that 97% will appreciate and 3% will depreciate. The VP of Statistical and Economic Modeling at Veros, Eric Fox, said “This is the 25th quarter in a row where this index has forecasted overall appreciation.”

VeroFORECAST predicts that seven MSAs will experience depreciation over the next 12-months:

  • Torrington, Connecticut: -0.2%
  • Texarkana, Texas-Texarkana, Arkansas: -0.2%
  • Ocean City, New Jersey: -0.4%
  • Peoria, Illinois: -0.7%
  • Danville, Illinois: -1.2%
  • Vineland-Millvilee-Bridgeton, New Jersey: -1.6%
  • Farmington, New Mexico: -2.2%

Now, that doesn’t mean that you should invest in these markets, because when we follow the Three Immutable Laws of Real Estate Investing, we don’t take appreciation into account. It is just a bonus. However, if you want to increase your chances of receiving this appreciation bonus, you should consider looking into these 10 markets that are predicted to experience the most appreciation in the next 12 months.

10. Seattle-Tacoma-Bellevue, Washington

Belkins Northeast

Projected appreciation between 10/1/18 and 10/1/19: +9.3%

9. Denver-Aurora-Broomfield, Colorado

Denver.org

Projected appreciation between 10/1/18 and 10/1/19: +9.5%

8. San Francisco-Oakland-Fremont, California

Lonely Planet

Projected appreciation between 10/1/18 and 10/1/19: +9.6%

7. Reno-Sparks, Nevada

Think Stock

Projected appreciation between 10/1/18 and 10/1/19: +10.0%

6. Carson City, Nevada

Flickr

Projected appreciation between 10/1/18 and 10/1/19: +10.1%

5. Olympia, Washington

Wild Tales Of

Projected appreciation between 10/1/18 and 10/1/19: +10.3%

4. Bellingham, Washington

Wikipedia

Projected appreciation between 10/1/18 and 10/1/19: +10.6%

3. Las Vegas-Paradise, Nevada

Time Out

Projected appreciation between 10/1/18 and 10/1/19: +10.8%

2. Boise City-Nampa, Idaho

OneClass

Projected appreciation between 10/1/18 and 10/1/19: +11.2%

1. Bremerton-Silverdale, Washington

Wikipedia

Projected appreciation between 10/1/18 and 10/1/19: +11.7%

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Disclaimer: The views and opinions expressed in this blog post are provided for informational purposes only, and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action.