Miami top 10 city leading market recovery

MIAMI – Aug. 20, 2009 – Here’s more evidence that housing is turning around. Forbes magazine identified 161 of the country’s largest metro areas where sales activity has increased compared to 2008, and where foreclosure sales as a percentage of total sales, are low.

The magazine considers these markets as on the road to recovery:

1. Miami-Ft. Lauderdale, Fla.

2. Lincoln, Neb.

3. Colorado Springs, Colo.

4. Salem, Ore.

5. San Luis Obispo, Calif.

6. Bremerton, Wash.

7. Denver, Colo.

8. Redding, Calif.

9. Santa Barbara, Calif.

10. San Jose, Calif.

Source: Forbes, Matt Woolsey (08/13/2009)