(EMAILWIRE.COM, December 07, 2009 ) Destin, Florida -- Housing Predictor, the online real estate forecasting company, is releasing its annual housing market forecasts for 2010. The forecasts are rolling out state by state for more than 250 local housing markets in all 50 U.S. states and are available to all online visitors.
Housing markets are reeling from the financial crisis, which got its start from bad mortgages made by bankers. Many markets are still declining in value but there are cities forecast to appreciate in 2010. The foreclosure epidemic, which is hitting 10 states especially hard, hard, is projected to worsen over the coming year. The epidemic has also produced a bargain buyers market, which hasn’t been seen in decades.
Forecasts are issued annually and updated throughout the year as local market conditions change. Leading real estate companies, new home builders, Wall Street bankers, investors, home owners and many of the country’s largest retailers depend on Housing Predictor forecasts.
Housing Predictor forecasted the foreclosure epidemic and the real estate crisis and regularly conducts Predictor Polls to gauge the pulse of consumers on issues related to real estate and offers real estate news and analysis.
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