February 6, 2007 10:11 PM
Best and Worst Housing Markets in America
I start to have a bit seller's remorse now. Seattle's housing market is still strong after many year's doyble-digit price appreciation. Can I still afford a house when I move back?
From MSNBC:
While speculators and flippers in places such as Boston and San Diego are running for cover, in other parts of the country they are basking in robust residential sales. Third-quarter median home prices last year climbed 14.6 percent in Seattle, Wash.; 14.3 percent in El Paso, Texas; and 12.3 percent in Portland, Ore.
They also increased by roughly 5 percent in Houston, Texas; Los Angeles, Calif.; Austin, Texas; Jacksonville, Fla.; and Charlotte, N.C., over the year before, according to the National Association of Realtors.
Prices also jumped along the Gulf Coast, a good sign for Post-Katrina economic recovery efforts. Median home prices increased by 15.5 percent in Gulfport-Biloxi, Miss.; 14.1 percent in Baton Rouge, La.; and 7.6 percent in New Orleans, La.
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