Washington, D.C.; San Francisco; Austin, Texas; Boston and good old New York top the list of five projected top real estate markets for 2010, according to The Urban Land Institute.
Washington, says the report from ULI, is where “…major insurers and big banks have taken a long term view and are actually providing financing for new deals.”
In San Francisco, the ULI says “an expanding regional tech industry” should help fuel the sales of apartments, offices and other commercial spaces.
Austin, says the report, will continue to enjoy low state taxes and a pro business climate.
Boston’s apartment vacancies, says the report, are well under 10 percent while “condo/house pricing ‘remains stiff.’”
And, in New York, midtown availability rates, says ULI, are “predicted to skyrocket from mid single digits into the mid-teens…”
Predictions being predictions, who is to say if most, any or none of this will come to fruition? But considering the otherwise bleak real estate landscape out there in many parts of the nation, isn’t this, at least, a pretty cool potential gift to all investors in the year to come?
Happy New Year!
Photo: treasuresthouhast
![]()
Welcome to Our Blog!
Welcome to the BiggerPockets Blog. Our blog brings together experts in various fields of real estate with the goal of keeping our readers informed and up to speed. Whether you're a real estate professional (lender, Realtor, banker, etc), investor (landlord, flipper, wholesaler, etc.), or simply a consumer, renter or homeowner interested in the world of real estate, this blog is the place for you to get involved!
You can subscribe to our RSS feed, get blog updates by email, join our free mailing list, or best of all, join our social network along with 45,000 others interested in real estate education, dealmaking, networking, and marketing.

Joshua Dorkin
Charles Feldman

Ted Karsch


{ 6 comments… read them below or add one }
Charles,
Good article. I can tell you that things here in the D.C. area are looking very good. I think we would be seeing much more appreciation if the appraisers weren’t sqaushing so many deals.
I live close to the Washington D.C area, and to know that banks and other investors are looking invest in the area for 2010. Only thing is I wont be able to invest in this area if I wanted to.
Andre’s Blog….Make Money Online Reviews
The Hot Real Estate Spots For 2010 is encouraging news. It gives real estate investors an opportunity to research and narrow markets for potential profit and financing potential. We know this a prediction but with due diligence there is always an opportunity.
I’d say yes to Austin, yes to Washington, maybe to New York, no to Boston and San Fran.
I think we would be seeing much more appreciation if the appraisers weren’t sqaushing so many deals.
Eric´s last blog ..Get 100 Dollar from Paypal by Share Your Wishlist
That’s great to hear about those cities mentioned. I’ve banged the drum for the Philadelphia area for a while and things also look good here.