Monday, June 10, 2013

Home.com's Rebound Report for Top 100 Markets

We all know that the overall housing market is recovering well, but which markets are doing the best?

Homes.com has released a "Rebound Report." It is a new housing study that details the recovery in the top 100 U.S. Markets. It provides a deeper analysis of data from their Local Market Index. It shows how far these markets have rebounded from its deepest decline in index value to its current status.

According to the report, nine of the top 100 markets have completely rebounded back to the peak price levels that they were experiencing before the housing crisis. Some of the markets even increased as much as 200 percent of the decline amount!

While every market was hurt during the recession, every one of those markets are now also seeing some kind of recovery. The report really highlights how individual areas are doing. Some are thriving while others are struggling to get back on their feet.

The top 3 thriving metro areas include:
San Antonio, TX  (Rebounded 219.16%)
Houston, TX (Rebounded 210.50%)
Austin, TX (Rebounded 207.11%)

Looks like it is a good year for Texas!

The bottom three metros are:
Providence, RI (Rebounded 5.25%)
New Haven, CT (Rebounded 6.27%)
Las Vegas, NV (Rebounded 9.01%)

Click here if you would like to view the full Homes.com Rebound Report.

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