About a year ago, we posted about an interesting article from Forbes.com. The article predicted which US metropolitan areas would be the strongest long-term housing markets that could stand up in the recession. You can read the entire blog post on the subject here. The following ten cities were listed in the top ten:
Now, admittedly these predictions are for long-term value over ten years, but it is never too soon to check back and get a progress report.
So how well have the predictions held up? According to the latest statistics from the National Association of Realtors, it is the smaller municipalities and the suburbs that have had the real estate bust pass them by.