Cities Where Housing is Ripe for a Rebound

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  • Barefootsies
    Choice is an Illusion
    • Feb 2005
    • 42635
    #1

    Cities Where Housing is Ripe for a Rebound

    There are some 'interesting' cities who've made the list.

    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%
    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%
    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%
    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%
    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%
    SOURCE
    Should You Email Your Members?

    Link1 | Link2 | Link3

    Enough Said.

    "Would you rather live like a king for a year or like a prince forever?"
    Tags: None
    • Wizzo
      2011 GFY Hall of Fame!
      • Nov 2000
      • 15224
      #2
      Houston didn't get hit nearly as hard as the rest of the country and the only reason anyone is unemployed here is because you don't want to work so has helped with housing as well.
      Looking for Opportunity!

        Comment

        • Barefootsies
          Choice is an Illusion
          • Feb 2005
          • 42635
          #3
          One of my server techs is from Houston area, and more a less said the same as you.

          There are plenty of jobs around, and only those too lazy are out of work for the most part. I guess between the established business, and some of the expansions there is jobs o' plenty.
          Should You Email Your Members?

          Link1 | Link2 | Link3

          Enough Said.

          "Would you rather live like a king for a year or like a prince forever?"

            Comment

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