A company called Local Market Monitor (LMM) tracked home sales activities in cities with populations over 500,000 and then "analyzed key economic factors that directly affect housing markets: unemployment and job growth rates, as reported by the Bureau of Labor Statistics." They made predictions about which would be top 10 cities where home values would increase in 2011 and which would be the bottom 10 cities where home values would decrease in 2011.
Well with Facebook and Google going on a hiring rampage, it seems not very surprising that the largest city in Silicon Valley would come out performing well on this survey, but what was surprising was that San Jose came out in the number one position. California performed very well by placing top three cities, while Florida performed very poorly by placing 7 cities in the bottom 10.
See the list of cities in the link below.
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