Forbes Ranks San Diego in Top 5 Housing Markets for 2011 and Beyond

In a recent analysis on home value outlook for 2011, Forbes has ranked San Diego number 5 of 315 housing markets nationally for home price appreciation. The finance publication, citing data from Local Market Monitor, predicts median home price increases for San Diego at 2% annually through 2013. The company analyzed data from real estate markets throughout the nation and also factored in the local area unemployment and job growth rates to draw median price conclusions for 315 housing markets across the U.S. The top five markets factored for home price appreciation for the next three years were: San Jose, Santa Ana, Bethesda, Pittsburgh, and San Diego. The bottom five markets were: Daytona Beach, Lakeland, Orlando, Boise, and Las Vegas.

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