This article first appeared in the PR October 2009
issue of Pro Remodeler.
Population: 19,006,978 (3.7 percent increase since 2000)
Home prices:
- Down 11.9 percent from 2008
- Down 20.5 percent from June 2006 local peak
- Down 0.8 percent over last 5 years
- Up 82.3 percent over last decade
Homeownership rate: 52.6 percent (No. 73 among major metros)
Median household income: $60,964
Local unemployment rate: 9.1 percent (up from 5.6 percent in 2008)
Sources: S&P/Case Shiller Home Price Index, U.S. Bureau of Labor Statistics, U.S. Census Bureau |
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