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Non-Tech : Banks--- Betting on the recovery

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Nov 7 9:30 AM EST

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From: tejek	6/12/2010 1:04:21 PM
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Cities in Michigan, Ohio lead in price appreciation The National Association of Realtors recently released a list of the 10 hottest and 10 coldest real-estate markets over the past year. The Seattle area was not on either list. The top five metro areas for price appreciation over the past year were: Saginaw-Saginaw Township North, Mich. (100.7 percent); Akron, Ohio (90.2 percent); Cleveland-Elyria-Mentor, Ohio (53.8 percent); San Francisco-Oakland-Fremont, Calif. (28.9 percent) and Grand Rapids, Mich. (26.0 percent). The bottom five metro areas with the biggest price declines were: Orlando, Fla. (-15.0 percent); Ocala, Fla. (-14.5 percent); Cumberland, Md.-W.V. (-14.4 percent); Boise City-Nampa, Idaho (-13.9 percent) and Reno-Sparks, Nev. (-13.5 percent). seattletimes.nwsource.com

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