Buy, sell or hold seem to be the biggest worries of home buyers and real estate investors in the 2006 residential real estate market. After solid double-digit appreciation in many major markets the last five years, investors and home buyers alike see the brakes on growth in 2006. Where to go? Mark Nash real estate author of 1001 Tips for Buying and Selling a Home lays out where investors and home buyers can make a go it in 2006.
-Atlanta, Georgia. Below average appreciation rates that have not matched other major markets.
-Austin, Texas. Good news here, affordable housing prices attracting employers. Rising appreciation.
-Boise, Idaho. New on real estate investors radar, attracting scores of out-of-state buyers. Good profit prospects.
-Dallas, Texas. Prices creeping upward, fueling investor interest. Many tired of northern winters put this on their must-move-to destination list.
-Houston, Texas. Demand from Katrina transplants driving a strong market, plus attractive pricing is making this a popular relocation market.
-Las Vegas, Nevada. Market returning to normal appreciation rates, demand stays steady. One of the fastest growing areas in the country.
-Phoenix, Arizona. Ignored in the boom, now being discovered by investors. Most cities here are bargain-priced.
-San Antonio, Texas. Waking from a stagnant appreciation period. Good returns projected here for the next several years.
-Seattle, Washington. Good economy and low inventories offer attractive appreciation gains in 2006.
-Milwaukee, Wisconsin. Solid Midwestern values speculate-proof this burgeoning market.
Mark Nash is the author of Fundamentals of Marketing for the Real Estate Professional, Starting & Succeeding in Real Estate, Reaching Out: The Financial Power of Niche Marketing, and 1001 Tips for Buying and Selling a Home. Mark is a contributing writer for: Realtor (R) Magazine Online, Broker Agent News, Real Estate Executive Magazine, Principal Broker, and Realty Times. His tried and true real estate tips has been featured on Business Week, CBS The Early Show, CNN, HGTVpro.com, The New York Times, and USA Today. Purchase his books at http://www.1001RealEstateTips.com.
