Some still chasing last years hot real estate markets...
Some still chasing last years hot real estate markets. Beware of news articles touting hot real estate markets using histical data.
The Hottest Markets For Housing This Decade
By Amy Hoak From The Wall Street Journal Online
Median home values rose 32% from 2000 to 2005, but homes in San Diego fared a lot better than the national estimate, according to U.S. Census Bureau data released Tuesday.
The median home value for San Diego homes, adjusted for inflation, rose 127% to $567,000 from $249,000, during the period. It was the largest increase among the country's biggest cities, according to the Bureau's American Community Survey. The survey covered 7,000 areas with a population of 65,000 or more.
Of the 15 largest cities surveyed, Los Angeles came in behind San Diego, with a median home-value increase of 110%, adjusted for inflation, followed by New York, with a rise of 79%.
The Hottest Markets For Housing This Decade
By Amy Hoak From The Wall Street Journal Online
Median home values rose 32% from 2000 to 2005, but homes in San Diego fared a lot better than the national estimate, according to U.S. Census Bureau data released Tuesday.
The median home value for San Diego homes, adjusted for inflation, rose 127% to $567,000 from $249,000, during the period. It was the largest increase among the country's biggest cities, according to the Bureau's American Community Survey. The survey covered 7,000 areas with a population of 65,000 or more.
Of the 15 largest cities surveyed, Los Angeles came in behind San Diego, with a median home-value increase of 110%, adjusted for inflation, followed by New York, with a rise of 79%.
posted by Patrick Leblanc at 10:20 AM
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