01-13-2012, 11:16 AM
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Choice is an Illusion
Industry Role:
Join Date: Feb 2005
Location: Land of Obama
Posts: 42,635
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Cities Where Housing is Ripe for a Rebound
There are some 'interesting' cities who've made the list.
Quote:
San Jose, CA
M.S.A.: San Jose-Sunnyvale-Santa Clara, CA
Home Prices, past 12 months: 2% decrease
Home Prices, past 3 years: 10% decrease
New Construction: 97% increase
Population Growth: 5%
Job Growth: 3.3%
Unemployment: 9.2%
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Quote:
Boston, MA
M.S.A.D.: Boston-Quincy, MA
Home Prices, past 12 months: 1% decrease
Home Prices, past 3 years: 4% decrease
New Construction: 1% increase
Population Growth: 3%
Job Growth: 2.1%
Unemployment: 5%
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Quote:
Houston, TX
M.S.A.: Houston-Sugar Land-Baytown, TX
Home Prices, past 12 months: 2% decrease
Home Prices, past 3 years: 2% decrease
New Construction: 38% increase
Population Growth: 7%
Job Growth: 3%
Unemployment: 7.6%
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Quote:
Pittsburgh, PA
Home Prices, past 12 months: 0% change
Home Prices, past 3 years: 3% increase
New Construction: 2% decrease
Population Growth: 0%
Job Growth: 1.8%
Unemployment: 6.6%
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Quote:
New Orleans, LA
M.S.A.: New Orleans-Metairie-Kenner, LA
Home Prices, past 12 months: 2% decrease
Home Prices, past 3 years: 6% decrease
New Construction: 24% decrease
Population Growth: 20%
Job Growth: 1.9%
Unemployment: 6.5%
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SOURCE
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Enough Said. 
"Would you rather live like a king for a year or like a prince forever?"
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