Thursday, December 29, 2011

3 Cities Where Prices Appreciated the Most in 2011

Some cities saw big increases in home prices this year. The ones that saw the largest levels of appreciation often had the lowest foreclosure rates in the country, or did not peak midway through the past decade.

For example, in Charleston, W. Va., home values soared nearly 18 percent over the first 10 months of the year, the largest rise among the 384 metro areas tracked by CoreLogic.

AOL Real Estate recently profiled cities that saw the largest price appreciation this year. The top three are:

1. Charleston, W. Va.

Home value change January to October: +17.95 percent

2. Holland-Grand Haven, Mich.

Home value change January to October: +11.89 percent

3. Bloomington, Ind.

Home value change January to October: +11.82 percent

See which other cities made the list.

Source: “Biggest Home Price Increases of 2011,” AOL Real Estate (December 2011)

Read More

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