Thursday, December 20, 2007

Best and Worst Housing Markets according to Business Week

The following Business Week article highlights the best and worst housing markets over the past year:

http://images.businessweek.com/ss/07/12/1210_bestworst_housing/index_01.htm

Amidst all the doom and gloom in the press about housing prices the "worst" markets show some stellar returns over the 5 year period. A 10% decrease in price over 1 year is much easier to stomach when the return over 5 years is +80%.

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