"Redding among areas most likely to quickly recover from housing bust"
After months of gloomy real estate news in Redding, Forbes.com listed the area in the top 10 in the country most likely to quickly recover from the nationwide housing bust.
The online version of the popular business magazine on Thursday listed Redding as No. 8 behind Denver and Bremerton, Wash.
The No. 1 ranking went to the Miami and Ft. Lauderdale, Fla., area.
Forbes writer Matthew Woolsey noted that sales in the Redding area are up nearly 30 percent over a year ago and about a third of those sales are bank-owned properties. 8/15/09
Pretty cool, who would have ever thought!