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Old 12-01-2012, 12:13 PM
 
Location: Raleigh, NC
19,437 posts, read 27,838,210 times
Reputation: 36103

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The 15 Best Housing Markets for the Next Five Years - Yahoo! Finance
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Old 12-01-2012, 11:00 PM
 
1,551 posts, read 3,646,070 times
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It's interesting that two of the highest ranked cities are in Oregon. That very surprising to me. Well, suspect actually.
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Old 12-02-2012, 12:57 AM
 
Location: the AZ desert
5,035 posts, read 9,224,159 times
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I'm surprised to see Yuma there, with it's 25.8% unemployment rate.
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Old 12-02-2012, 04:30 AM
 
1,699 posts, read 2,432,751 times
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High unemployment seem to be a good thing for the housing market??? All those articles like best place to live/retire/get started and what not.....
It is all up to the individual.
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Old 12-02-2012, 08:58 AM
 
2,806 posts, read 3,178,395 times
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I think most of these rankings are a bunch of baloney, particularly if they do not tell you their methodology. Who ever follows up on these rankings and exposes the nonsense? -Nobody, and that's why they keep publishing. What I was surprised about is that Tucson has a higher median household income than Phoenix? Is that true? - Thanks, P.L.
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Old 12-02-2012, 09:09 AM
 
Location: Rural Michigan
6,341 posts, read 14,687,030 times
Reputation: 10550
Lol.. It's pretty obvious the author has never been to Yuma or Tucson.. I've wondered for quite a while about these Yahoo "news" articles, it seems they must be paying for this gibberish.
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Old 12-02-2012, 09:09 AM
 
Location: Verde Valley, Az
455 posts, read 1,499,493 times
Reputation: 619
Quote:
Originally Posted by CheyDee View Post
I'm surprised to see Yuma there, with it's 25.8% unemployment rate.
A lot of the unemployment is due to seasonal farm work. I don't think it is bad as it sounds. I do question the population of 200,000+, unless they are referring to the county population, and not the City of Yuma. City is probably between 80,000 and 100,000 people.


Curly
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Old 12-02-2012, 09:23 AM
 
Location: the AZ desert
5,035 posts, read 9,224,159 times
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Quote:
Originally Posted by curly5759 View Post
A lot of the unemployment is due to seasonal farm work. I don't think it is bad as it sounds. I do question the population of 200,000+, unless they are referring to the county population, and not the City of Yuma. City is probably between 80,000 and 100,000 people.


Curly
That may be, but I would think seasonal workers have more challenges buying homes - certainly enough to keep it off the list.

Good catch about the population.
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Old 12-02-2012, 09:46 AM
 
Location: the AZ desert
5,035 posts, read 9,224,159 times
Reputation: 8289
Quote:
Originally Posted by Potential_Landlord View Post
What I was surprised about is that Tucson has a higher median household income than Phoenix? Is that true? - Thanks, P.L.
According to C-D's most current data (2009), the median household income in Tucson was $35,565 and Phoenix was $47,085. This site mentions "Tucson and Pima County area" median household income in 2011 as $59,600 and this one mentions the Phoenix metro area as $50,058 for 2011. I think Tucson's numbers may be a little inconsistent because much of Tucson lies within the City of Tucson, but there are parts of Tucson outside city limits too.

Last edited by CheyDee; 12-02-2012 at 10:07 AM..
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Old 12-02-2012, 10:36 AM
 
Location: Phoenix
7,181 posts, read 9,231,276 times
Reputation: 8331
I think that list is based on annualized "expected" growth. By growth I think they mean the price of the houses in the area. Relevant if you're a real estate investor. Not so relevant to me tho.
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