Expected price increase
: 3.8 percent Unemployment rate
: 8.9 percent (96th highest) Change in home prices (2010Q4-2011Q4)
: -4.5 percent
Coeur d’Alene, located in northern Idaho, is one of the smallest and most remote metropolitan areas in the country, with a population of just over 140,000 residents. It is, however, located next to the much larger Spokane, Washington, across the state border. Home prices in the region fell 27.1 percent during the recession from their peak in the third quarter of 2007. In the past three years alone, prices fell more than 8 percent each year. The area is projected to experience a substantial housing recovery over the next half-decade. Between the end of 2011 and the end of 2016, Fiserv estimates home prices will increase 4.5 percent each year.
(iStock Photo) More From 24/7 Wall Street
: The States With The Most Homes In Foreclosure The Ten Most And Least Affordable Cities To Buy A Home Nine Countries Where Unemployment Does Not Exist The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.