Santa Fe after Winter Storm, photo by Renee Edwards
Business Insider recently reported that the latest data from Fiserv Case Shiller shows that national home prices are expected to grow at an annualized rate of 3.2% between 2011 and Q2 2016.
Business Insider combed through Fiserv’s data and picked the 15 best housing markets for the next five years. Santa Fe ranked number 11 of out of the top 15 on Business Insider’s List of the best housing markets for the next five years. Business Insider predicted Santa Fe would have “Annualized growth from 2011 – 2016: +9.1%“.
Business Insider further reported “Santa Fe has a low unemployment rate of 5.4% and a median household income of $70,000. Its home prices are only down 17.7% since they peaked in Q4 2007.
Data provided by Fiserv Case Shiller Indexes”
To read more: http://www.businessinsider.com/best-real-estate-markets-2016-2011-12# Original article by Mamta Badkar, December 8, 2011.
