Housing Predictor Announces 2009 Forecasts

January 12, 2009 (PRLEAP.COM) Business News
Housing Predictor, the online real estate forecasting company, is releasing its annual housing market forecasts for 2009. The forecasts are available to all online visitors and are being released as the U.S. economy is in crisis.

Housing Predictor issues more than 250 housing market forecasts in all 50 U.S. states, and updates them throughout the year as local market conditions warrant. Leading real estate companies, home builders, Wall Street bankers, real estate investors, home owners and many of the country's largest retailers depend on Housing Predictor forecasts.

Real estate markets from coast to coast are reeling from falling home prices as the nation deals with an unprecedented epidemic of foreclosures. More than 3.3-million homes have been foreclosed and the crisis is only expected to worsen. However, the foreclosure epidemic has also produced a bargain basement buyers market, which hasn't been seen in decades.

Despite the recessionary economy and fall out in housing markets, there are still places that are forecast to appreciate in 2009. Housing Predictor forecasts are considered to be some of the most dependable in the nation.

All 50 states forecasts have been issued and are available on the Housing Predictor web site with reports on local market conditions, detailing the likely future of markets. The annual forecasts are a major production taking thousands of hours of work by a staff of researchers, reporters and economists.

Housing Predictor forecast-ed the national real estate depression, the foreclosure epidemic and regularly conducts Predictor Polls to gauge the pulse of consumers on issues related to real estate. The site also provides the Top 25 Housing Markets and Worst 25 Housing Markets for 2009.

To check your market's forecast, search foreclosures and get the latest on real estate news visit http://www.housingpredictor.com.