Huntsville Alabama ranked number 12th and Decatur Alabama ranked 10th out of 292 metropolitan areas tracked by the FHFA based upon 1 year increase in home prices. It is my opinion this is because these areas did not see the housing bubble seen by many other metro areas.
Huntsville Alabama
Ranking: 12th
3Q 2008 Growth: 0.51
1 Year Growth: 4.12
5 Year Growth: 31.51
Decatur Alabama:
Ranking: 10th
3Q 2008 Growth: -.48
1 Year Growth: 4.21
5 Year Growth: 22.97
This information see the following article: http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/HomePricesByCity.aspx?GT1=33007
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