Rank: 23
Home price forecast: -11.3%
(one year, forecast through March 2010)
Population: (2006) |
2,658,405 |
Median family income: (2008) |
$78,200 |
Median home price: (2008) |
$275,000 |
Affordability index: (2008 median home price/family income) |
3.5 |
| Prices peaked in: |
2007:Q1 |
Total climb during the boom: (2000 to peak) |
123.1% |
Total decline so far: (Peak through 2008) |
-16.9% |
One-year change: (Q4 2007 to Q4 2008) |
-14.1% |
Price change : (from peak to bottom) |
-33.7% |
| When they'll hit bottom: |
2011:Q1 |
| At bottom, prices will drop to levels last seen in: |
2003:Q3 |
|