Market Watch: Best and Worst for 2013

About a year ago, Trulia released their predictions on the best and worst markets for real estate in 2013. They rounded up 13 of the healthiest markets in the U.S. going into 2013, and 13 of the least-healthy markets. You might say it was a play on the year 2013 with listing the “Lucky 13 vs the Unlucky 13.” Forming the lists, they took into account how local employment, foreclosures and home sales and prices are affecting each market. Also included in the formula was job growth, occupancy and home prices.

Check out the lists below to see which real estate markets were predicted to have a good start in 2013 and which were predicted to be down on their luck in the new year.

Louisville, KY

Healthiest

(No. 1): Houston, TX

(No. 1): Detroit, MI

(No. 2): Fort Lauderdale, FL

(No. 3): Miami, Fla.

(No. 4): West Palm Beach, FL

(No. 5): Cape Coral-Fort Myers, FL

(No. 6): Palm Bay-Melbourne-Titusville, FL

Chicago, IL

(No. 7): Chicago, IL

(No. 8): Orlando, FL

(No. 9): Tampa, FL

(No. 10): Lake County, Ill.-Kenosha County, WI

(No. 11): Jacksonville, FL

(No. 12): Las Vegas, NV

(No. 13): Tucson, AZ

As expected a lot of the “sand states” were predicted not to fair so well in 2013. There were also some curious dark horses on the predicted healthy list. It will be interesting to see what markets were actually the best and worst of 2013 according to Trulia once their Year End Report comes out later this month.

We would love to hear from you! Do you live or invest in any of these markets? How relevant were Trulia’s predictions? Did they get it right on the best and worst markets for 2013?

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Erik Hitzelberger has been Real Estate Investor since 2007. While learning the ropes in the market down-cycle, he now teaches others how to use his systems and leverage other people’s expertise to achieve their own goals.

Erik Hitzelberger – who has written 194 posts on Part Time REI.

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