October 26, 2006

CNN Money ranks real estate opportunities

Downtown Lakeland, October 2006
According to CNN Money, "the real estate slump could get worse before it gets better. But these 10 markets offer great opportunities for those who have the patience to buy and hold."
  1. Panama City, FL
  2. Vero Beach, FL
  3. Bridgeport, CT
  4. Lakeland, FL
  5. McAllen, TX
  6. San Luis Obispo, CA
  7. Wilmington, NC
  8. Manchester, NH
  9. Ft. Collins, CO
  10. Atlanta, GA

WASHINGTON, Oct 26 (Reuters) - Former Federal Reserve Chairman Alan Greenspan said on Thursday the U.S. economy was pulling past a sharp housing-sector downturn....

"There are early signs of stabilization," Greenspan said of the U.S. housing market, although he added: "It's not over."

"Most of the negatives in housing are probably behind us," Greenspan said. "The fourth quarter should be reasonably good, certainly better than the third quarter."

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