MAP: Housing recovery gaps, hot spots

Wikicommons

Professional Builder

For the most part, U.S. home prices have recovered their pre-recession peaks. However, some metros’ prices have yet to recover 12 years later.

In May 2007, national home values peaked and subsequently began to fall, bottoming out in early 2012, and then appreciating once more. Lawrence Yun, chief economist for the National Association of Realtors tells CNBC, “Some markets that experienced a huge run-up and then a big downturn are still waiting for a recovery,” adding, “For some people, the decline from the time they purchased was so severe that it’s taking a long time to recover.”

READ ON:

Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
April 2019
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930