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The Housing Market According to Fortune
By JLP | May 11, 2006
The May 15th issue of Fortune has a cover story about the real estate market.
In the article they have a chart with different housing markets grouped according to the risk of each market. I couldn’t find the chart on their website so I made my own. It looks like this:
The Dead Zone is markets that have already turned south. The Red Zone is markets that are most likely headed for a fall. The Safe Zone is just that: a safe zone. I’m glad to see that they consider Houston a safe zone.
Topics: Housing Market | 2 Comments »
May 11th, 2006 at 3:44 pm
The sounds about right to me. Some of the “safe” markets could even see some appreciation thanks to the people bailing out of cities such as Vegas and Miami.
May 12th, 2006 at 12:26 am
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