Johnstown-Somerset, PA

There is no doubt that the Johnstown-Somerset, PA CSA has been one of the hardest hit areas in the country when it comes to the housing market. The area has seen a decrease in both home prices and sales volume since the start of the recession, and there is no sign that things are going to improve anytime soon. The area's unemployment rate is still relatively high, and many families are simply unable to afford a home.

That being said, there are still some real estate trends that are worth noting in the Johnstown-Somerset CSA. One is that foreclosures continue to be a problem, but they are starting to level off somewhat. This is good news for those who are looking to buy a home in the area, as there will be more homes on the market that are not in foreclosure. Additionally, interest rates remain low, making now a good time to buy a home if you can afford it.

Overall, the Johnstown-Somerset CSA remains a difficult housing market. However, there are some positive trends emerging that could make it a better place to buy a home in the future.