Real Estate in the state of a recession!

If you are looking for a real estate then I am sure you are aware that the recession has a huge impact on the market! I wanted to find out who was surviving the best out of all the cities in the United States and here is what I found: Oklahoma City is one of the country’s strongest housing markets and is in the best position to handle the crises. They have a solid growth rate in agriculture, energy and manufacturing all contributing to what makes them the strongest.

The next city is San Antonio with solid employment rates and affordable home prices. The other cities that are staying strong are Austin, TX; Charlotte, NC; Dallas, TX; San Jose, CA; Raleigh, NC; Salt Lake City, UT; and Seattle, WA. When gathering statistics Forbes.com looked at many different areas in the country and focused on the fifty largest metro areas.

The statistics that they used include unemployments rates, job growth, construction, education, health services, financial activity, transportation, trade, and many other figures. They also looked at the median home price and compared growth from forth quarter 2006 to fourth quarter 2007. In conclusion if you are looking for an area to find solid real estate opportunities you will have to look outside of your city if you are not in these cities!