Texas, Oklahoma Cities Lead Rebounding Markets

In the first-ever Homes.com Rebound Report, the top 100 real estate market which has made the greatest recovery from the bust as of March is San Antonio, where the prices are up over 219%.

Two other Texas markets also regained more than 200% in value: Houston, 211%, and Austin, 207%. In fact, the eight markets with the largest percentage growth are in either Texas or Oklahoma, with the ninth being Little Rock, Ark., and the 10^th is Baton Rouge, La.

At the other end of the spectrum, the markets with the slowest price growth are Providence, R.I., 5%; New Haven, Conn., 6%; Las Vegas, 9%; and New York, above 9%.

Brock MacLean, executive vice president of Homes.com, said, “A similar boom-bust scenario played out across virtually every market in the country during the 2000s, and today they are all in some stage of recovery. The report sheds light on how certain regions of the country have recovered, while others are still struggling to find their way back to prosperity.”