Here in 2018 the market has rebounded.

If you ever consider the Youngstown area, feel free to reach out to me for some advice on the area.Otherwise, out of the markets you mentioned I would go with Cleveland as it is still a rust belt city on the rebound especially in the healthcare industry and some others.

The housing market here is on the rebound!

CA went down by 13 % before a rebound.

Being from Tampa, FL the same thing is happening there I had to leave the city, it's way too noisy and crowded.TL;DR: As an investor so long as the market is in the rebound phase, and jobs are moving in.

I hate to see friends lose money but in my opinion it was a blessing in disguise for them as they can rebound from this minor correction in their market than in a full blown correction it could have been much worse for them. 

They are convinced that the area is rebounding evidenced by the opening of two new manufacturing business with relatively substantial job creation for the area.  

Not happy to take the loss but falling into a sunk cost area now (money spent for that house was a long time ago and it would take way too long for the market to rebound).  

If oil rebounds, and the Texas Central Railway is built, I'd expect massive growth over the next ten years.

HOAs can be mismanaged so there are risks going forward.Condos can be a great place to live if you are busy doing other things, like taking care of rentals.If our market rebounds as it looks like it is it could be a good candidate for appreciation.