7 Best Markets Over the Next 5 Years

Which housing markets are the ones to watch in the next five years? AOL Real Estate recently ranked cities on their projected annualized change in home prices between the third quarter of 2012 and third quarter of 2017. Many of the cities had seen prices fall greatly off their peak so some of these metros are making up for lost values over the years.

1. Medford, Ore.

Metford

Annualized Expected Growth from Third Quarter 2012 to Third Quarter 2017: 9.7%

2. Santa Fe, N.M.

N.M.Annualized Expected Growth from Third Quarter 2012 to Third Quarter 2017: 9.1%

3. Panama City-Lynn Haven- Panama City Beach, Fla.

Fla.Annualized Expected Growth from Third Quarter 2012 to Third Quarter 2017: 9.1%

4. Sebastian- Vero Beach, Fla

Florida.Annualized Expected Growth from Third Quarter 2012 to Third Quarter 2017: 8.9%

5. Carson City, NV

cars

Annualized Expected Growth from Third Quarter 2012 to Third Quarter 2017: 8.5%

6. Santa Barbara- Santa Maria- Goleta, Calif.

SB

Annualized Expected Growth from Third Quarter 2012 to Third Quarter 2017: 8.4%

7. Reno- Sparks, Nev.

Reno

Annualized Expected Growth from Third Quarter 2012 to Third Quarter 2017: 8.1%

Source: AOL Real Estate

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