Blog, Julie Jones

Fort Lauderdale Ranks First as Best City For Recovery

October 23, 2009 by Julie_Jones · 1 Comment

: View of Fort Lauderdale Waterway

This summer, Forbes.com reported a list of what they found to be the top ten cities in the United States for housing recovery based on the findings defined by the US Office of Management and Budgets (OMB) and Zillow.com. Forbes researched 161 metropolitan areas where sales had increased and foreclosures as a percentage of overall sales had been lowest.

I am happy to report that the Miami-Fort Lauderdale area ranked first in recovery. The report cautions that these statistics do not mean the housing market is on the rebound, and mentions cities, such as Las Vegas, that continue to struggle. This report shows that the ten cities cited are the most like to recover sooner. To read more, visit: http://www.forbes.com/2009/08/13/recovery-cities-homes-lifestyle-real-estate-housing-recovery-cities_slide_1.html?thisSpeed=15000

Here are the top ten cities for best housing recovery:
1.   Miami-Ft. Lauderdale, FL
2.   Lincoln, NE
3.   Colorado Springs, CO
4.   Salem, OR
5.   San Luis Obispo, CA
6.   Bremerton, WA
7.   Denver, CO
8.   Redding, CA
9.   Santa Barbara, CA
10. San Jose, CA

If the on-coming winter is giving you ideas of a warmer climate, please visit my website: www.luxuryrealestateftl.com and see what the best of the best has to offer!

Wishing you a beautiful day!