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Cities Where Housing is Recession-Proof

Posted by on Aug. 17, 2011 at 11:22 PM
  • 6 Replies

Here are the nation's 10 most recession-proof cities:

Fort Myers, FL has weathered the downturn.
Photo: Thinkstock

Fort Myers, Florida
Median home price: $126,100
Second Quarter 2011 Price Increase: 3.7%
First Quarter 2011 Price Increase: 2.9%
Price Plunge Since Peak: 58.6% decline


Bay City, MI is moving ahead quickly.
Photo: Thinkstock

Bay City, Michigan
Median home price: $80,100
Second Quarter 2011 Price Increase: 6.7%
First Quarter 2011 Price Increase: 3.4%
Price Plunge Since Peak: 22.1% decline


Pueblo, CO's housing market is healthy.
Photo: Stephen Saks Photography | Alamy

Pueblo, Colorado
Median home price: $96,600
Second Quarter 2011 Price Increase: 5.5%
First Quarter 2011 Price Increase: 2.5%
Price Plunge Since Peak: 22.5% decline


Spokane, WA is bouncing back to pre-recession levels.
Photo: Thinkstock

Spokane, Washington
Median home price: $148,800
Second Quarter 2011 Price Increase: 6.6%
First Quarter 2011 Price Increase: 1.9%
Price Plunge Since Peak: 20.8% decline


Pittsburgh, PA housing stock has held its value.
Photo: Thinkstock

Pittsburgh, Pennsylvania
Median home price: $110,400
Second Quarter 2011 Price Increase: 2.8%
First Quarter 2011 Price Increase: 1.2%
Price Plunge Since Peak: 1% decline


Port St. Lucie, FL is hitting like a major league city.
Photo: AP

Port St. Lucie, Florida
Median home price: $112,600
Second Quarter 2011 Price Increase: 2.5%
First Quarter 2011 Price Increase: 1.1%
Price Plunge Since Peak: 55.7% decline


Sarasota, FL housing prices are on the mend.
Photo: Thinkstock

Sarasota, Florida
Median home price: $143,000
Second Quarter 2011 Price Increase: 6.7%
First Quarter 2011 Price Increase: 3.4%
Price Plunge Since Peak: 22.1% decline


Jacksonville, NC housing has been very steady amid the downturn.
Photo: Anonymous

Jacksonville, North Carolina
Median home price: $147,600
Second Quarter 2011 Price Increase: 1%
First Quarter 2011 Price Increase: 0.9%
Price Plunge Since Peak: 0% decline


State College, PA housing prices are gaining ground.
Photo: Thinkstock

State College, Pennsylvania
Median home price: $187,700
Second Quarter 2011 Price Increase: 3.6%
First Quarter 2011 Price Increase: 0.9%
Price Plunge Since Peak: 7.7% decline


Destin, FL faced a steep recessionary decline but has momentum now.
Photo: Thinkstock

Destin, Florida
Median home price: $159,300
Second Quarter 2011 Price Increase: 5.6%
First Quarter 2011 Price Increase: 0.9%
Price Plunge Since Peak: 37.2% decline

by on Aug. 17, 2011 at 11:22 PM
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Replies (1-6):
suziejax
by on Aug. 17, 2011 at 11:40 PM

Interesting

singlemomof2nok
by Bronze Member on Aug. 18, 2011 at 10:28 AM

 I noticed that most of them are near bodies of water.  Think it might have something to do with this heat wave?

sheri305
by Bronze Member on Aug. 18, 2011 at 12:37 PM


Quoting singlemomof2nok:

 I noticed that most of them are near bodies of water.  Think it might have something to do with this heat wave?


Good point.

mumsy2three
by on Aug. 18, 2011 at 3:36 PM

Interesting

lalasmama2007
by on Aug. 18, 2011 at 4:52 PM

Thanks for the info!

usmclife58
by on Aug. 18, 2011 at 10:30 PM

Not surprised about J'ville NC... It is a military town, so there are always people needing homes.

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