Anchorage
Median home price: $231,000
Value lost since 2006: Gained 1.4%
Forecast gain through 2011*: 3.1%
Alaska's biggest city faces some of the same issues as Fairbanks. The metro area's population has grown in double digits, sometimes triple digits, for decades and, hemmed in by mountains and sea, the city has limited space to grow.
The city managed, just barely, to stay mostly on the positive side of the home price trend for the past three years, according to Fiserv and Moody's Economy.com They turned down a bit in the past year but are expected to ramp up again in the next 18 months.
The economy should sustain the increases as job losses have not affected Anchorage as much as the average U.S. city. The unemployment rate was just 7.7% in December.
NEXT: Charleston, S.C.
Last updated June 21 2010: 3:02 PM ET
Source: Fiserv and Moody's Economy.com
* Between September 2009 and September 2011
* Between September 2009 and September 2011
