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housing bubble: What year has your cities housing prices corrected back to?
- 10/29/10 10:21 AM
Great Scott, San Diego has returned to 2003! What year has your cities housing market returned to?
Below is an interesting chart presented at UCLA this week by John Burns, a housing consultant. According to his research, the biggest "bubble markets" have returned to 2000-2002 prices. Texas and the Pacific Northwest took longer to feel the impact, and they are currently at 2006 prices. So, which city has done the most time traveling? Apparently, Detroit has gone back to 1995!
How often have some of us wished we could go back in time and purchase a home at the beach 20 years ago … (1 comments)
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Great Scott, San Diego has returned to 2003! What year has your cities housing market returned to?
;)
;)
