Areas with the Best Thirty-eight of the country’s top 100 metro areas avoided declines in home prices in the past year, reports the Brookings Institution’s quarterly Metro Monitor, which tracks indicators of economic recession and recovery in these areas.
Areas with stable home prices were concentrated in the less-affected parts of what Brookings calls the “Manufacturing Belt,” Pennsylvania and upstate New York, and the Sun Belt: Texas, Oklahoma, Arkansas, and Louisiana. These areas also had below average shares of properties affected by foreclosure.
Cities whose economies were the strongest had businesses involved in oil and gas exploration, military employment, education, and government.
Here are the top 10 cities ranked by their economic health:
Top 10
1. San Antonio
2. Oklahoma City
3. Austin
4. Houston
5. Dallas
6. McAllen, Tex.
7. Little Rock, Ark.
8. Baton Rouge, La.
9. Tulsa, Okla.
10. Omaha, Neb.
Subscribe to:
Posts (Atom)