Boston and Worcester are on a list of 10 hard-hit housing markets that are ready for rebound that U.S. News & World Report recently compiled with help from Moody’s Economy.com.
According to the news magazine, Moody’s Economy.com predicts that Worcester home prices will increase about 6 percent by the first quarter of 2012 and 21 percent by the first quarter of 2014.
Moody’s also expects Boston home prices to rise about 3 percent in the first quarter of 2012 and another 18 percent two years later.
The reason, Boston’s and Worcester’s economies are saved by their top-notch hospitals and colleges/universities. Those sectors will continue to help the economy.
File Under: Buy now or be priced out forever