No one can predict the future, but when a city the size of Tacoma, (often in the shadow of larger northwest cities when it comes to real estate reporting) is declared the best bet for price appreciation from 2008-2013, it’s hard not to be flattered and excited.
This report was put out by Moodys based on information in the Case-Shiller Index.
10 Best Markets:
Tacoma, WA (metro area) | 20.7% |
Boulder, CO | 17.5% |
Toledo, OH | 16.7% |
Memphis, TN | 16.5% |
Pittsburgh | 16.0% |
Cleveland | 14.4% |
Dayton, OH | 13.6% |
Akron, OH | 13.4% |
San Jose, CA | 13.3% |
Colorado Springs, CO | 13.3% |
10 Worst Markets:
Miami (metro area) | -40.3% |
Orlando, FL | -33.3% |
Fort Lauderdale, FL (metro area) | -26.4% |
Jacksonville, FL | -32.2% |
Riverside, CA | -25.6% |
Los Angeles (metro area) | -22.9% |
West Palm Beach, FL (metro area) | -20.2% |
Tampa, FL | -19.6% |
Virginia Beach, VA | -18.2% |
New York | -18.1% |
Source: Fiserv, Moody’s Economy.com
I live in Tacoma and I love this city. Nothing would make me happier than seeing that kind of appreciation. Regardless of how much stock you put in the Case-Shiller Index, it’s great to see good things said about Tacoma. Go back and look, I didn’t see the word “Seattle” anywhere in that article…
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Via @SustainableMBA