2006: Best U.S. Cities To Buy Real Estate And Homes

Eager to know the top cites in America whereIt is estimated that homes in the McAllen, TX
one can safely invest? Here are the best realarea may appreciate 57 percent with an increase
estate markets in the entire country according toin the median home price from $70,000 to
a recent report from Business 2.0 Magazine. The$109,000.
November 2006 edition of the magazine lists theHomeowners making an investment in San Luis
top ten cities that are ideal to buy a home. TheseObispo, California, today, are expected to get a
are - Panama City and Vero Beach in Florida,good appreciation (40%) on their homes over the
Bridgeport in Connecticut, Lakeland in Florida,next five years.
McAllen in Texas, San Luis Obispo in California,The median home price in Wilmington, NC is
Wilmington in North Carolina, Manchester in Newexpected to increase to $297,000 by 2011, up
Hampshire, Fort Collins in Colorado and Atlanta infrom the current price of $217,000, an increase
Georgia. The report cites the appreciation rates ofby 37%.
home prices projected over a period of fiveManchester, NH, which has twice been rated as
years.the 'best place to live' in America by Money
Florida enjoys the status of having three of theMagazine, sits at eighth place with an expected
top four cities to invest in. Panama City, whichappreciation of 35%.
tops the list of best places to buy real estate isFort Collins and Atlanta follow in the ninth and
expected to have a real estate appreciation oftenth places of top cities for real estate
72% over the next five years. Major real estateinvestment in the USA. Fort Collins, one of the
development projects such as the building of amost popular cities in America, has been ranked
new airport and low property prices are expectedas the 'No.1 small city' this year by Money
to boost the economy and the housing market.Magazine. Recent price reductions in the housing
Vero Beach, projected to have an appreciation ofmarket makes 'now' the best time to buy a
64%, comes second for its excellent weather,home or condo in this city with an estimated
low property taxes and a lower cost of living.property appreciation of 28%. Atlanta is poised
Lakeland, with a 59% projected gain in homefor a significant appreciation too with an expected
prices is a tempting option with homes selling forrise of up to 24% in home prices over the next
a fifth less than the national median price.five years.
Buying a home in Bridgeport, CT is a bargain nowSo, if you are a prospective homebuyer set to
with median home prices at a very low $280,000take a plunge into any of the top ten real estate
compared to the rest of the Fairfield County.markets, it is the right time to enlist the services
Home prices in McAllen, TX which holds the fifthof a good real estate agent who can guide you
place, are expected to soar by 57%.through the complicated home buying process.