Study Bullish On Manchester Real Estate Market

Manchester, New Hampshire was recently voted as one of the best real estate markets in the country and a great place for property investment. The study, issued by Business 2.0, ranked Manchester in the top ten (#8) strongest real estate markets in the U.S. The results of the top ten cities are as follows:

1. Panama City, FL
2. Vero Beach, FL
3. Bridgeport, CT
4. Lakeland, FL
5. McAllen, TX
6. San Luis Obispo, CA
7. Wilmington, NC
8. Manchester, NH
9. Fort Collins, CO
10. Atlanta, GA

So why Manchester? The report highlights some important factors about Manchester and it's economic well-being. Most notably, no sales or income tax, a moderate cost of living, and close proximity to Boston (one of the country's most expensive real estate markets).

Moreover, the study projects a bullish gain of 35% in home prices within the next five years and continues to say that "prices are expected to burst upward again by mid-2007"

posted by B. Samii @ 2:42 AM