According to the first quarter Zillow (Z) breakeven horizon analysis shows that among the 35 largest metro areas analyzed, more than half have a breakeven point of less than two years.
These are the metros with the slowest breakeven horizons.
6) Tie - Minneapolis and Baltimore
Both cities have a 3.1 year break even horizon.
4) San Diego
The classy city has 3.2 year break even horizon.
Phoenix has a 3.3. year break even horizon.
Boston takes 4 years to break even. (And longer to win the World Series.)
And the city with the longest breakeven horizon was:
1) Washington, D.C.
It takes 4.2 years to break even in Washington.
(No wonder elected officials think they have to stay so long.)