The Unraveling of the Suburban Fringe: "Annual price changes in most of the largest metro areas, including New York, Los Angeles, Chicago, Miami, San Francisco, Seattle, Baltimore, Washington D.C., and Philadelphia, followed a similar pattern: Values were most stable within a 10-mile radius of the center of the city, but generally worsened with each successive radius ring as far as 50 miles from the center of the city."
--------------
This article is an overheated analysis of the situation, but with gas prices and overbuilding on the fringe, there is more of a decline in value out there. Or actually out here, considering that I live 50 miles from Chicago.
No comments:
Post a Comment