As acute as the pain has been in the U.S. housing market, commercial real estate has been no stranger to trouble. Here is a glimpse of some high-profile victims that have been claimed so far. 1. Stuyvesant Town & Peter Cooper Village Loan balance: $3 billion Size: N/A Location: New York, N.Y. It was the […]
Category Archives: Housing Markets
Rank: 7
Metro:Little Rock Share of homes with increasing values: 46.96% Median value: $121,200 Annual change: 0.04% Quarterly change: 2.55% Little Rock, the state capital, is a strong economy. The area has university, health-care, and government jobs and has a growing wind energy industry. Little Rock did not participate in the housing bubble and has remained steady […]
Rank: 5
Metro: Fayetteville (N.C.) Share of homes with increasing values: 53.23% Median value: $119,800 Annual change: 13.12% Quarterly change: 2.22% The economy in Fayetteville, located near Fort Bragg and Pope Air Force Base, is heavily dependent on the military. It also has seven museums, three colleges and universities, golf courses, and a historic downtown.
Rank: 4
Metro: Binghamton (N.Y.) Share of homes with increasing values: 53.61% Median value: $112,300 Annual change: 4.45% Quarterly change: 1.54% Binghamton has had a relatively stable housing market. It didn’t reach great heights during the boom and hasn’t crashed either. The city in upstate New York is home to Binghamton University, one of the nation’s highest-ranked […]