America's 25 Strongest Housing Markets (Houston, Dallas: real estate market, foreclosures, house prices)

[956kidd]

from forbes.com. 7 Texas cities top the list!

1. McAllen, Texas (pop. 784,900)
2. Syracuse, N.Y.
3. Pittsburgh, Pa.
4. Buffalo, N.Y.
5. El Paso, Texas (pop. 795,800)
6. Tulsa, Okla.
7. Houston, Texas (pop. 6,184,700)
8. Charleston, S.C.
9. Little Rock, Ark.
10. Birmingham, Ala.
11. Fort Worth, Texas (pop. 2,238,000)
12. New Orleans, La.
13. Dallas, Texas (pop. 4,515,000)
14. Austin, Texas (pop. 1,816,600)
15. Rochester, N.Y.
16. San Antonio, (Texas pop. 2,189,100)
17. Augusta, Ga.
18. Baton Rouge, La.
19. Memphis, Tenn.
20. Oklahoma City, Okla.
21. Albany, N.Y.
22. Indianapolis, Ind.
23. Columbia, S.C.
24. Scranton, Pa.
25. Omaha, Neb.

In Depth: America's 25 Strongest Housing Markets - Forbes.com

[Westerner92]

This is a weird list. According to one survey, Lubbock and Amarillo are the second and fourth best markets in the nation, and they aren't even on the list.

[TX_AGGIE13]

I will say im impressed with the metro populations.....finnaly someone who has up to date info. Im supprised with the NY cities! Nice to hear about Buffalo, Syracuse.....

[juggler]

Originally Posted by Westerner92

This is a weird list. According to one survey, Lubbock and Amarillo are the second and fourth best markets in the nation, and they aren't even on the list.

The Forbes survey only looked at metro areas with population over 500,000.

[Westerner92]

Originally Posted by juggler

The Forbes survey only looked at metro areas with population over 500,000.

Okay, that explains it. I didn't notice that all of these metros were over 500,000. That's great for Texas.

[bb54321]

Originally Posted by juggler

The Forbes survey only looked at metro areas with population over 500,000.

I thought it was odd that Corpus Christi wasn't on the list as well. I guess the population is just below 500,000.

[loves2read]

Bedford in the Mid-Cities area got a nod from Forbes--bet that makes the people who own houses on the market for more than 90 days feeling really warm inside...

[Trae713]

Originally Posted by TX_AGGIE13

I will say im impressed with the metro populations.....finnaly someone who has up to date info. Im supprised with the NY cities! Nice to hear about Buffalo, Syracuse.....

I really don't think these metro area figures are right though. I wonder where they got them from.

[spursfan]

2. Syracuse, N.Y.
3. Pittsburgh, Pa.
4. Buffalo, N.Y

Huh? Any explanation for these rust-belt cities making the list?

[Stoneybroke]

I can't speak about the NY cities, but I am famliar with the Pittsburgh real estate market. House prices actualy rose in 2008, albeit by a modest amount 2-4%. Economy is pretty robust with Carnegie Mellon and the University of Pittsburgh Medical Center driving a thriving Hi-tech sector. Pittsburgh banks are very conservative so no sub-prime bubble, and very few foreclosures. Rust belt is really a misnomer when talking about Pittsburgh. The only steel in Pittsburgh wears black and gold.(grin)