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"The ultimate measure of a man is not where he stands in the moments of comfort, but where he stands at the times of challenge and controversy." Martin Luther King, Jr.
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CURRENT EVENTS
In Depth: America's 25 Strongest Housing Markets
Posted on Forbes.com
Data was provided by Moody's Economy.com. It looked at metro areas with populations over 500,000 to find those closest to recovery. The firm prepared forecasts through 2011 and compared them to prices in the second quarter of 2008, which are the latest figures available, to calculate how far prices will likely fall before reaching bottom. The percent figures are price drops between second quarter 2008 and the projected bottom. Cities are listed by their percent change to bottom. |
Metro Area: Birmingham, Ala.
Population: 1,188,700
Bottom expected: early 2010
Forecast price change to bottom: -1.2%
Click here for the complete story.
Click here for a list of the country's weakest markets. |
