Grand Junction in top 10 strongest real estate markets in the U.S.

While browsing housingpredictor.com today, I noticed that Grand Junction has ranked 7^th in their “Top 25 Appreciating US Markets” ranking. HousingPredictor.com’s Housing Forecast compares 250 real estate markets across the nation and lists the top 25 cities. Unlike the majority of cities in the nation, those cities that ranked in the top ten all showed strong sales and home appreciation and are expected to continue getting stronger in the future. In fact, Grand Junction was the only Colorado city to make it into this ranking and is the only market expected to grow. Housing Predictor is estimates that Grand Junction’s growth will be approximately 4% through the end of the year.

While the rest of Colorado is feeling the effects of record foreclosures Grand Junction’s energy boom has helped it maintain a steady rate of growth. Even though some fear the credit crisis could affect this area, Grand Junction’s job base is strong, which should help it meet the forecasted growth. With some luck, Grand Junction will live up to the expectations of the analysts at Housing Predictor by showing 4% gains by the year’s end. This will come as good news for folk who have been wondering whether to sell their homes now or wait until the nation’s real estate markets stabilize.

If you are interested in finding out more specific information about the Grand Junction-area real estate market, please contact me.

I would like to wish every one a Happy Thanksgiving.