Corvallis, Oregon makes the Improving Markets Index.
The data that is used to determine the metros that are listed each month are:
For an area to make the list, it must show improvement in the following three areas for at least six months following the trough.
– employment growth (from the Bureau of Labor Statistics)
– house price appreciation (from Freddie Mac)
– single-family housing permit growth (from the U.S. Census Bureau)
Markets new to the list are bold, but all markets listed show improvement.
For more details visit http://www.firstam.com/imi