Move, Inc. has outlined the top 10 turnaround cities for real estate market turnarounds over the last year via CNNMoney.com citing reasons varying from economy to perception and admittedly, the list has few surprises beyond a Florida city popping up.
San Diego and Washington, D.C. have for some months been the only cities tracked by Standard and Poors? Case-Shiller home price index that have performed positively whereas all 18 others have continued to dip. Diverse economies continue to dip whereas cities relying on few industries are in decline when those industries are hard hit by the recession.
Check out the list below and see if you agree or disagree with the top ten based on Move?s data:
- San Diego, CA
- Los Angeles, CA
- Austin, TX
- Boston, MA
- Colorado Springs, CO
- Fort Myers, FL
- Buffalo, NY
- Dallas, TX
- Philadelphia, PA
- Washington, D.C.
This article published on Monday, May 23rd, 2011 at 12:20 am | Contact the editor
Category: Economy
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