Top 10 turnaround towns

Hope is on the horizon for these U.S. cities

February 8, 2012
foreclosures, housing market, hope for housing market
8 of the 10 turnaround towns are in Florida, signifying a new beginning for the state.

These towns are seeing new life breathed into them after being some of the hardest hit by the housing bust. Florida is an especially noteworthy contender after its cities experienced unusual foreclosure activity. Below are Realtor.com’s top ten turnaround towns and their median home prices.

  1. Miami –– Median home price: $185,000
  2. Phoenix –– Median home price: $129,000
  3. Orlando, Fla. –– Median home price: $145,000
  4. Fort Myers, Fla. –– Median home price: $115,000
  5. Sarasota, Fla. –– Median home price: $181,000
  6. Boise, Idaho –– Median home price: $120,000
  7. Naples, Fla. –– Median home price: $218,000
  8. Fort Lauderdale, Fla. –– Median home price: $198,000
  9. Lakeland, Fla. –– Median home price: $100,000
  10. Punta Gorda, Fla. –– Median home price: $124,000

To read more, click here for the article on CNN Money. 

 
 

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