Whether the post-coronavirus crisis recovery is V-shaped, W-shaped, looks more like a U or an I or an L, is for the pundits to debate. What is undeniable is that we will prevail. The pandemic will end. And the economy will restart. This recovery, much as is the case with the current job losses, will be uneven across industry sectors and geographies.
When we get back to work, howsoever changed, and rev up the economic engine, manufacturing will expand as supply chains are rejigged; e-commerce will grow as consumers continue to enjoy the convenience of online everything; and we will invest more in healthcare as we learn from our victory over the pandemic.
The local economies that specialize in these industries will grow faster, create greater demand for housing, and push their housing markets higher.
The following ten housing markets have been strong and were forecasted to outperform the national market before the coronavirus crisis based on an analysis of the Housing Market Vitality Indicator. They present opportunities for buyers, investors, and lenders.
|Boulder, CO||Information and Manufacturing||38|
|Johnson City, TN||Education & health services and Manufacturing||19|
|Austin-Round Rock, TX||Information||30|
|Eau Claire, WI||Education & health services and Manufacturing||48|
|Weirton-Steubenville, WV-OH||Education & health services and Manufacturing||69|