The host city of the 2012 Republican National Convention has seen its economy rebound, but the housing market hasn't caught up yet.
Employment grew 1.7 percent over the past year and 5.5 percent in three years, beating the national average. (It's the only metro area on this Top 10 list to do so.) But after seeing home prices nearly fall by half during the housing debacle, the metro area has only seen a 7.6 percent rebound in real estate prices, according to the Case-Shiller index.
Add to that an estimated 34 months’ supply of foreclosures selling at an average 26.6 percent discount to other homes, the metro market remains a place where investors or would-be homeowners should be able to find a deal.
