November 16th, 2012 3:26 PM by Teresa Molina
Key market indicators continue to suggest that large parts of the housing market have bottomed out and entered a recovery mode. While list prices remain well below their 2007 peaks, the recovery process has spread to other hard-hit areas in California, Seattle, Phoenix, and most of the sand states. At the same time, however, a growing number of older industrialized areas in the Midwest and the Northeast are showing signs of weakness as the economy continues to take its toll.
http://www.realtor.com/blogs/2012/10/15/realtor-com-real-estate-trend-data-september-2012/