BEAUMONT (Beaumont Enterprise) – Beaumont is expected to lead the nation in home price appreciation over the next year, says Veros Real Estate Solutions.
According to the California-based company, the Beaumont–Port Arthur market will increase in value by 5 percent in 2010. Veros put the median price of a single-family home at $138,000. A 5 percent increase would be $6,900.
The company analyzed data from about 900 urban counties across the United States.
Last year, Forbes magazine rated the Beaumont market as number one for most equity among U.S. cities.
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