Four New Metro Areas Reach Full Home Price Recovery
QuinStreet, Inc. (QNST)
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Source: PR Newswire
FOSTER CITY, Calif., Dec. 12, 2019 /PRNewswire/ -- HSH.com, a trusted online resource for mortgage data, content and expertise, has released its latest quarterly Home Price Recovery Index, an analysis of the nation's top 100 metropolitan housing markets. The housing market report shows about 80% of home prices are at previous boom-era peaks, while others have not yet recovered their lost value from the Great Recession.The study examines home values in the largest 100 metropolitan areas from 1991 through the third quarter of 2019. A faster-rising pace of home prices in many metros during the latest quarter enabled four metro areas to reach values last seen during boom-era peaks more than 13 years ago. Those are: Sacramento-Roseville-Folsom, CA Oxnard-Thousand Oaks-Ventura, CA Miami-Miami Beach-Kendall, FL Fort Lauderdale-Pompano Beach-Sunrise, FL However, despite years of economic expansion and improving real estate markets, 21 of the nation's most populated metro areas have not seen v
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