Economics

Best and Worst Places to Have Bought at 2012 Market bottom

San Jose was the best city to buy or rent in back in 2012, with benefits still felt today
Dec. 9, 2015

Trulia lists the turnaround towns and towns stuck in the downturn, when housing prices bottomed nationally at the start of 2012.

By adding up unemployment rates, vacancy rates, wages, home values, and job growth, Trulia crowned San Jose, Calif., as the best market to have bought or rented a home in early 2012, and Albuquerque, N.M., as the worst.

Narrowing the list down to homeowners alone, Denver and Raleigh were the best cities to have purchased a home when prices were at rock bottom, while Silver Spring, Md., and Albuquerque, N.M.were the worst.

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