ObenNation.com

  • 11:00:35 am on April 17, 2010 | 0
    Tags: , , , , , , ,


    Economic indicators in these metros have gone from bad to worse, with no sign of recovery.

    Miami boasts a popular South Beach club scene, Art Deco Architecture, and perhaps the best Cuban food in the country. But residents don’t have much else to celebrate.

    More than three years after the economy started its downward slide, the Miami metro area, like a handful of Sun Belt cities, still hasn’t begun to recover. Median home prices in Miami have fallen 38% since its market peaked in the second quarter of 2007; the city’s 11% unemployment rate is above the national average and has grown more than most of the 40 cities we surveyed.

    read more http://realestate.yahoo.com/promo/us-cities-in-free-fall

    Advertisements
     

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: