A few years ago growth was all people were talking about. Now the buzz word in real estate is stability. Having property values increase slightly and hopefully beat inflation is making the consumer very happy since many markets are expecting double digit declines in value.
So what are the most stable markets in the country? Forbes ran the numbers and here are cities they have come up with.
The Top 10 Most Stable Housing Markets in America:
- Seattle, WA – 3.09% est. price increase from 2007–2008
- Pittsburgh, PA – 3.37%
- Columbus, OH – 3.49%
- Dallas, TX – 5.45%
- St. Louis, MO – 3.01%
- Cincinnati, OH – 2.65%
- Atlanta, Ga – 4.4%
- San Antonio, TX – 5.35%
- San Francisco, CA – 2.5%
- Fort Worth, TX – 3.09%
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Seattle the most stable? That's not saying much.
My friends had to reduce their price by $100k (over 13% off) before they even got their first offer on their house.
In my condo complex prices have gone down about 10% since Spring.
Maybe they meant stably declining?
you all can move out of los angeles i want la all to myself and all my new friends
Real Estate Market nationwide is turning around & profit is coming back.
I been in Real Estate since 1981 and seen 3 big slow downs, but they turn back around & millions make money again on the new ride back up. As what is starting right now, so tell your friends to get out & buy something that has an upside profit & enjoy the money.
Your Welcome
i'm somewhat surprised to see Seattle so close to the top of the list. in Canada, Vancouver has really been hit quite hard, and I might have expected their economies to be somewhat similar. very interesting
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