In the housing market, the only thing that seems to be certain these days is uncertainty.
Conditions improved over the last quarter, but the industry still faces several big-picture problems. So, as InvestorPlace contributor Ethan Roberts recently put it: “We are either at the beginning of a new uptrend, or we have just been pulled into one great head fake before prices come crashing down again.”
But while the housing market overall direction is unclear, it is pretty clear where in the country housing is doing well (and not-so-well). Five statistics — total inventory, median list price, percent of distressed sales, median days on market and median price per square foot — paint a pretty clear picture.
So, using data provided by Movoto Real Estate — a real estate database and licensed brokerage in 30 states that connects prospective home buyers with accurate listings, top-rated agents and photo galleries — we tallied up the best and worst cities by those five standards: