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Philadelphia Area Real Estate: Not As Bad As Others in 2009

Posted by Harvey McCallum on January 5, 2009
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Philadelphia and its suburbs did not make the list of top cities that will experience even more decline in the year 2009. CNN ranked 10 cities they feel will continue to struggle through the market’s downturn, citing projections for the decline in median house prices. Major cities and suburbs of California make up the majority of the list and have the worst real estate outlook for 2009 with Miami and Washington, D.C. rounding out the list. It looks like the Philadelphia, Montgomery County and surrounding areas won’t be as bad off as some when it comes to 2009. Let’s look forward to a great year!

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