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Old 05-01-2011, 03:43 PM
 
20,274 posts, read 18,616,125 times
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Courtesy of Burgh Diaspora:

Rochester home prices are holding steady | Democrat and Chronicle | democratandchronicle.com

Quote:
According to statistics compiled by the Federal Housing Finance Agency, only three of the nation's 51 metro areas with a population of at least 1 million made it through the past 15 years without a single year of falling home values.

The three were Oklahoma City, Pittsburgh and Rochester.
I'm not sure slow and steady always wins the race, but it makes for predictable housing markets, which have a certain virtue of their own.
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