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Real Estate Update: Markets to Watch in 2011

Here at Propel Point, we serve a wide range of clients. One of our customer bases is the real estate investment experts and real estate seminar speakers – so we want to provide some practical data and insight to help our customers. With that in mind, here’s some data to help you better evaluate some fluctuating markets in the new year. We chose a sampling of cities mentioned by Business Insider as markets to watch in the next two years – both on the upswing and on the downswing. To give some sense of comparison, we’re overlaying future forecasts with data collected from Zillow.com on those markets.

Real Estate Markets On the Upswing:

Austin, Texas

Austin TX Graph

Madison, Wisconsin

Madison WI Graph

Des Moines, IA

Des Moines IA Graph

Salt Lake City, UT

Salt Lake City UT Graph

Real Estate Markets On the Downswing

Orlando, FL

Orlando FL Graph

Atlantic City, NJ

Atlantic City NJ Graph

Phoenix, AZ

Phoenix AZ Graph

Salinas, CA

Salinas CA Graph

Something interesting to note from the graphs displayed here (all in 5-year increments) is that the cities that were listed as troubled markets appear to be having some near-term positive upticks. Obviously, when it comes to real estate investing and speculation, the trick is to pick the market before the rest of the market figures out where the opportunity lies. But I think it’s worth looking at these cities, and in the coming months perhaps we’ll take another look and see how the predictions are coming along.