A clear blue sky behind the Statue of Liberty

10 Fastest Appreciating Housing Markets in the US

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

The Seattle city skyline showing the Space Needle

Belkins Northeast

 

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

 

9. Denver-Aurora-Broomfield, Colorado

A pink and blue sky behind Denver skyline at dusk

Denver.org

 

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

 

8. San Francisco-Oakland-Fremont, California

The San Francisco skyline behind a cloud-covered Golden Gate Bridge

Lonely Planet

 

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

 

7. Reno-Sparks, Nevada

Residential houses and tall buildings in front of large, sandy mountains

Think Stock

 

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

 

6. Carson City, Nevada

"Welcome to Carson City, Nevada's Capital" road sign

Flickr

 

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

 

5. Olympia, Washington

Blooming cherry blossom trees in front of Olympia capitol building

Wild Tales Of

 

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

 

4. Bellingham, Washington

A Bellingham, WA aerial view showing harbor, land, and mountains

Wikipedia

 

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

 

3. Las Vegas-Paradise, Nevada

An aerial view of Las Vegas lit up at night

Time Out

 

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

 

2. Boise City-Nampa, Idaho

Snowy mountains behind Boise City cityscape

OneClass

 

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

 

1. Bremerton-Silverdale, Washington

A Bremerton-Silverdale, WA aerial view

Wikipedia

 

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

 

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