Several Cities Declared ‘in the Clear’ from Downturn
Nearly 30 cities are “in the clear” from dipping into another housing crisis, posting a “solid base” housing recovery, according to a new report released by Trulia The “big six cities” that are seeing the most improvements in housing are: Denver; San Jose, Calif.; Pittsburgh; Little Rock, Ark.; Austin, Texas; and Colorado Springs, Colo., according to the report. Those cities posted gains in asking prices of 4 percent or more year-over-year and have seen their foreclosure rates decrease. Those six markets “avoided the worst of the bubble,” says Jed Kolko, […]