Strong Core City Helps Weather Recession

Posted by Carol Coletta on April 04, 2009

Noted this post at Switchboard on the impact of strong central cities in helping weather the recession.  The post reinforces the conclusions of our research late last year by Joe Cortright, "Driven to the Brink" that showed cities with strong central cities were seeing housing prices declining less metro-wide.  It also showed that in most metro areas, prices declined less closer to the core.