According to SmartMoney.com, the "Top 5" areas in the country that should have home prices performing the best for 2010 are:
- Tacoma, Washington (increase of 2.44%)
- Memphis, Tennessee (up 0.99%)
- Pittsburgh (up 0.89%)
- Charleston, South Carolina (up 0.18%)
- Seattle (decline 0.50%)
Of course, one of the reasons being cited is because of Boeing building their 787 aircraft plant in Charleston, but also because the number of homes on the market in Charleston is declining, and our prices have remained in sync with household income over the past year.