Real Estate Forecast Shows Slip, Then Slow Recovery

Santa Ana, Calif. (Vocus/PRWEB) March 29, 2011

Veros Real Estate Solutions (Veros), an industry leader in enterprise risk management and collateral valuation services, has announced the real estate market forecast for March 1, 2011 through March 1, 2012. According to data calculated by Veros real estate market forecast product, VeroFORECAST, Anchorage, Alaska holds the lead position for the strongest home price appreciation having made a significant move from its rank in tenth position in the previous quarter.

The strong areas prevailing in the forecast span the map showing Texas and Louisiana in top positions, before stretching northeast to include Buffalo, New York and Pittsburgh, Pennsylvania. Additional areas showing some strength include Oklahoma, Texas, Louisiana, North Dakota and South Dakota. Signs of life are also present in areas of Hawaii, Colorado and the Washington D.C. metro area.

Projected Five Strongest Markets*