Bethesda ranks in the Top 3 of the Healthiest Metros for Housing this 2013

A Trulia article about the 10 healthiest Metros for housing in 2013 has been released and Bethesda-Rockville-Frederick MD metro is in the TOP 3. It’s about time we started buying more homes in Bethesda.

Jed Kolko, a chief economist, released the article along with his take on what’s in and what’s out for housing in 2013, He said healthy markets that made the list have strong job growth (Bureau of Labor Statistics), which bodes well for housing demand; low vacancy rates (U.S. Postal Service)–low enough to encourage new construction, but not so low that inventory and sales are restrained; and low foreclosure inventory (RealtyTrac), since foreclosures tend to hold back recovery.

A lot of us might have this very important question:  aren’t rising prices included as part of our definition of healthy local housing markets? Because many of the markets with the largest price gains in 2012 were rebounding from huge price declines during the bust, they still have weak fundamentals, such as high vacancy rates, large foreclosure inventories, or slow job growth.

The 10 Healthiest Metros for Housing in 2013
1	Houston, TX
2	San Francisco, CA
3	Bethesda-Rockville-Frederick, MD
4	San Antonio, TX
5	Austin, TX
6	Seattle, WA
7	Omaha, NE-IA
8	Peabody, MA
9	Fort Worth, TX
10	Louisville, KY-IN
Among the 100 largest metros. Source: Truliablog.com Do you want to work with a Realtor who never fails to provide his clients about pertinent Real Estate information, market trends, tips and what-to-dos?  Call me, MynorHerrera, today for expert help buying or selling in the DC, MD, & VA areas! I also specialize in Bethesda and Chevy Chase, as well as the subdivisions of Rosemary Hills, Rock Creek Forest, East Bethesda and Whitehall Condominium.