2010's weakest, strongest housing markets

Know what's in your wallet

The real story is how many markets are still perhaps a year or more away from recovery: most of them. Even the hottest spots barely reached the threshold of "healthy."


by Broderick Perkins
© 2010 DeadlineNews.Com



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Deadline Newsroom - The U.S. housing recovery is shaping up as an uneven rebound, with only a few markets emerging as places to be for investors and home buyers looking for bargains that won't go sour.

The real story is how many markets are still perhaps a year or more away from recovery: most of them.

Even the hottest spots barely reached the threshold of a 50 score, the minimum necessary to indicate a "healthy, not weak" housing market, according to Hanley Wood Market Intelligence's "Builder Market Health Index." An MHI score of 100 indicates a market in the best of times.

Hanley Wood used projections for growth in employment, household formation, income and home values to determine MHIs for its annual Builder Market Health Index: Complete 2010 Rankings of 100 metropolitan areas. Only areas with the most building permit activity, albeit paltry, were included.

For the full storoy, "You've got news"...."News that really hits home," here: "10 Places Where Housing Market Is The Weakest"

Also see: "Top Housing Markets of 2010"

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Broderick Perkins, an award-winning consumer journalist, parlayed 30 years of old-school journalism into a digital real estate news service, the San Jose, CA-based DeadlineNews Group, including DeadlineNews.Com, a real estate news and consulting service and Web site, and the Deadline Newsroom, DeadlineNews.Com's news back shop.

Perkins was the first Examiner to cover three beats for the Examiner.com news service:
• National Offbeat News Examiner
• National Consumer News Examiner
• National Real Estate Examiner

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