America's Most Stable Housing Markets

Forbes:

Nationwide, home prices are falling, sales are sluggish and the number of foreclosures is mounting. Ask any economist and you'll hear that things are bad, and likely to get worse.

Unless you live in Seattle, where the market is slowing but fundamentals remain strong.

The Emerald City has experienced strong price appreciation over the last six quarters, and that's expected to continue in the new year, though at a slower pace. In addition to a very low housing inventory and a strong sales rate, there are few non-conforming and high-risk loans on the books than in other cities, which means the area will likely see fewer defaults in the coming months than the rest of the country's markets.

Read the whole story: Forbes

Comments

[leftLibertarian]

I love the Best Coast, SF, Seattle and Portland, you rule!

[realitytrumpsbull]

Sleeping bag
200 dollars
All-weather tent
400 dollars
Camp stove
95 dollars
Camping fees for a month
250 dollars
Not getting suckered into a real estate racket?
Priceless

Some things, money can't buy...

[godlessclif]

I did not know George Jetson lived in Seattle.
I can see his house in the picture. Where are all the flying cars?

[iheartsmartpeople]

There are definitely a few areas around the Bay Area where home prices continue to climb - although slowly - mainly SF, Marin, San Mateo for both condos and houses. I'm not as familiar with these other cities on the list but am glad there are still spots around the country where the future for housing does not look as bleak as all these depressing housing stories we are hearing about daily.