{"id":4456,"date":"2017-05-08T00:00:00","date_gmt":"2017-05-08T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/10-cities-with-biggest-housing-recoveries\/"},"modified":"2017-05-08T00:00:00","modified_gmt":"2017-05-08T00:00:00","slug":"10-cities-with-biggest-housing-recoveries","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/10-cities-with-biggest-housing-recoveries\/","title":{"rendered":"10 Cities With Biggest Housing Recoveries"},"content":{"rendered":"

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Real estate<\/a> markets in many cities are now even stronger than they were before the most recent housing<\/a> crash. Last year, the national median home price<\/a> rose to $227,000\u2014even higher than its 2005 peak of $220,400. Home prices nationally have grown 26 percent since hitting bottom in 2011. At the local level, some markets are doing better than others. \u00a0<\/p>\n

Realtor<\/a>.com\u00ae analyzed the 150 largest metros in the country to find the cities that have rebounded the most through 2016. The site factored in each city’s peak prerecession home prices and their lowest levels during the downturn. Additionally, researchers measured each metro’s recovery according to the amount of new-home construction in each area, foreclosures<\/a>, unemployment rates, and the household income of its residents in 2016.<\/p>\n

Realtor.com\u00ae found that the cities with the greatest recoveries tended to have colleges, research centers, a diversified economy, and an educated workforce that helped attract new businesses. Here are the 10 biggest comeback cities:<\/p>\n

    \n
  1. San Jose, Calif.<\/strong>
    Post-crash price growth (since the city’s low in 2011):\u00a057%<\/li>\n
  2. San Francisco<\/strong>
    Post-crash price growth\u00a0(since 2011):\u00a053%<\/li>\n
  3. Portland, Ore.<\/strong>
    Post-crash price growth\u00a0(since 2011):\u00a043%<\/li>\n
  4. Grand Rapids, Mich.<\/strong>
    Post-crash price growth\u00a0(since 2011):\u00a030%<\/li>\n
  5. Provo, Utah<\/strong>
    Post-crash price growth\u00a0(since 2009):\u00a038%<\/li>\n
  6. Colorado Springs, Colo.<\/strong>
    Post-crash price growth\u00a0(since 2009):\u00a026%<\/li>\n
  7. North Port, Fla.<\/strong>
    Post-crash price growth\u00a0(since 2011):\u00a051%<\/li>\n
  8. Charlotte, N.C.<\/strong>
    Post-crash price growth\u00a0(since 2009):\u00a033%<\/li>\n
  9. Boise, Idaho<\/strong>
    Post-crash price growth\u00a0(since 2011):\u00a048%<\/li>\n
  10. Reno, Nev.<\/strong>
    Post-crash price\u00a0growth\u00a0(since 2011):\u00a077%<\/li>\n<\/ol>\n

    Source: \u201cThese Cities Are the 10 Biggest Comeback Stories in U.S. Real Estate,\u201d realtor.com\u00ae (May 8, 2017)<\/em><\/p>\n<\/div>\n<\/div>\n

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     link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    Real estate markets in many cities are now even stronger than they were before the most … 10 Cities With Biggest Housing Recoveries<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":4457,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[2890,1285,12908,543,617,344,41,818,479],"class_list":["post-4456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-construction","tag-foreclosures","tag-home","tag-home-buying-guide","tag-house","tag-housing","tag-property","tag-real","tag-realtor"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/xIpaZpJD9dg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2445,"url":"https:\/\/amazingproperty.com.ng\/blog\/renters-now-dominate-in-half-of-cities\/","url_meta":{"origin":4456,"position":0},"title":"Renters Now Dominate in Half of Cities","author":"Amazing Property","date":"March 24, 2017","format":false,"excerpt":"Fifty-two of the 100 largest U.S. cities were majority renter in 2015, according to U.S. Census Bureau data. Since 2009, 21 cities had shifted to renter-rule. Renters now dominate in both hot housing markets such as Denver and San Diego and more tame markets like Detroit and Baltimore. Read more:\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5404,"url":"https:\/\/amazingproperty.com.ng\/blog\/foreclosures-now-unicorns-of-housing-market\/","url_meta":{"origin":4456,"position":1},"title":"Foreclosures Now \u2018Unicorns\u2019 of Housing Market","author":"Amazing Property","date":"July 21, 2017","format":false,"excerpt":"Foreclosure filings, which include default notices, scheduled auctions, and bank repossessions, are down 20 percent from the same period a year ago, according to the Midyear 2017 U.S. Foreclosure Market Report from ATTOM Data Solutions. \u201cWith a few local market exceptions, foreclosures have become the unicorns of the housing market:\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/1500681055_1_rss.png?fit=599%2C659&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/1500681055_1_rss.png?fit=599%2C659&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/1500681055_1_rss.png?fit=599%2C659&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":7835,"url":"https:\/\/amazingproperty.com.ng\/blog\/foreclosed-homes-dip-to-12-year-low\/","url_meta":{"origin":4456,"position":2},"title":"Foreclosed Homes Dip to 12-Year Low","author":"Amazing Property","date":"January 18, 2018","format":false,"excerpt":"Foreclosures hit a 12-year low in 2017, and the distressed properties remain increasingly difficult to find in many markets.\u00a0Foreclosure filings in 2017\u2014which include default notices, scheduled auctions, and bank repossessions\u2014dropped to the lowest level since 2005. In total, foreclosure filings were reported on 676,535 U.S. properties in 2017. That represents\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"1516304157 1 Rss.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/1516304157_1_rss.png?fit=599%2C726&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/1516304157_1_rss.png?fit=599%2C726&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/1516304157_1_rss.png?fit=599%2C726&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":4099,"url":"https:\/\/amazingproperty.com.ng\/blog\/high-court-cities-can-sue-banks-using-fair-housing-act\/","url_meta":{"origin":4456,"position":3},"title":"High Court: Cities Can Sue Banks Using Fair Housing Act","author":"Amazing Property","date":"May 2, 2017","format":false,"excerpt":"The Supreme Court ruled on Monday that cities can sue banks over housing discrimination they claim led to urban blight in their communities. 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