This analysis of the largest metropolitan areas in the country reveals high housing prices spilling over into many parts of the country not located on the coasts.
"In some U.S. cities, home values might be climbing at a rate that could prove disastrously unsustainable," according to an article by Michael B. Sauter.
While that point might be obvious in cities like San Francisco, Boston, or Washington, D.C., the point here is that the housing crisis is ready to spill over into many more corners of the country.
"Reviewing quarterly median home price data for 123 metropolitan statistical areas from real estate data firm ATTOM Data Solutions, 24/7 Wall St. identified 15 U.S. metropolitan areas where home prices are at least 20% higher than at their nearest pre-recession peak. In several of these cities, prices are over 50% above that level," according to Sauter's explanation of the analysis reported in the article.
The concern about these rising prices, according to Sauter, is that an unaffordable market is the "hallmark of a housing bubble."
You'll have to click through to the entire list of 15 cities on the verge of a housing crisis, according to this analysis, but the metropolitan areas leading the list are all located in Colorado, listed in order, Greeley, Denver-Aurora-Lakewood, and Fort Collins.
FULL STORY: Cities on the Verge of a Housing Crisis
Oregon Passes Exemption to Urban Growth Boundary
Cities have a one-time chance to acquire new land for development in a bid to increase housing supply and affordability.
Where Urban Design Is Headed in 2024
A forecast of likely trends in urban design and architecture.
Savannah: A City of Planning Contrasts
From a human-scales, plaza-anchored grid to suburban sprawl, the oldest planned city in the United States has seen wildly different development patterns.
Washington Tribes Receive Resilience Funding
The 28 grants support projects including relocation efforts as coastal communities face the growing impacts of climate change.
Adaptive Reuse Bills Introduced in California Assembly
The legislation would expand eligibility for economic incentives and let cities loosen regulations to allow for more building conversions.
LA's Top Parks, Ranked
TimeOut just released its list of the top 26 parks in the L.A. area, which is home to some of the best green spaces around.
City of Rochester
Boston Harbor Now
City of Bellevue
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
City of Birmingham, Alabama
City of Laramie, Wyoming
Colorado Department of Local Affairs
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.