Anchorage Alaska "The Top 10 Housing Markets for the Next 10 Years"

Amid the gloom and doom of the real estate market of this day, with the average home price in America down by 32%, according to Luke Mullins, Moody's economy.com found the top ten housing markets for the next ten years.

According to Mullins, although there are booms and busts in the housing market, the housing outlook for the next ten years will show appreciation. If looked at in a long term perspective, housing will appreciate, although some places more than others. This is probably not good news for the house flippers out there, although I'm sure there are good steals to be had with the foreclosure situation that much of the United States is experiencing right now. Sidenote: Fortunately, Anchorage, Alaska's foreclosures accounts for less then 1% of the inventory. Contact a realtor to find Foreclosures in Anchorage Alaska.

Mark Zandi, chief economist at Moody's Economy.com, states, "In the long run--subtracting from the ups and downs of the business cycle-- house prices should grow at the rate of household income." To find homes in the Anchorage Alaska Area click here. Income growth is, of course, linked to the economic strength of an area. In Alaska the number of jobs in the last year has increased which is quite amazing during these turbulent times in our great country. The different industries in Alaska has helped to sustain and produce economic growth in Alaska. The different sectors in the Alaska economy include oil, natural gas, fish and seafood, minerals, sea travel, tourism, and the international airport. Anchorage is home to over 270,000 residents.

Here is a breakdown of The Top Ten Housing Markets for the Next Ten Years, these cities are predicted to experience of growth of 3.44% to 5.22% per year for the next ten years:

1. Bremerton and Silverdale, Washington 5.22%

2. Glens Falls, New York 4.71%

3. Fort Collins and Lovelands, Colorado 4.06%

4. Corvallis, Oregon 3.95%

5. Anchorage, Alaska 3.8%

6. Duluth, Minnesota 3.74%

7. Sandusky, Ohio 3.66%

8. Santa Fe, New Mexico 3.57%

9. Pittsfield, Massachusets 3.51%

10. Decatur, Illinois 3.44%

So if you enjoy being outside and want to experience the big, wild, life in Anchorage, Alaska, consider visiting us Alaskans. Our city, Anchorage, boasts wonderful eateries, a buzzing downtown, salmon fishing, halibut fishing one hour away, hunting is a short car ride south or north. Or come during the winter and go snowboarding, cross country skiing, or ice fishing. Anchorage, Alaska is a great place to raise your family!