The Best Housing Markets For The Next 5 Years
#13 – Melbourne, Florida
Projected annual growth 2011 to 2016: 8.7%
Melbourne took a massive 51.3% hit from peak to the end of 2010. Unlike Miami’s housing market, which will stagnate under a weight of unsold inventory, Melbourne is projected to bounce back right away. The area reached a trough in Q1 2011.
Data provided by Fiserv Case Shiller Indexes.
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Read more: http://www.businessinsider.com/best-housing-markets-next-5-years-2011-7##ixzz1RoM3CF5Q