Top 10 Riskiest Real Estate Markets In United States : The Real Estate Bloggers

Top 10 Riskiest Real Estate Markets In United States

April 1st, 2008 • Related • Filed Under

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Forsale2It is one thing to live in a market that is slow, but it is even worse when folks start telling everyone that it is one of the riskiest housing markets in America. I think the people in Detroit are resigned to the fact that they will lead any indicator of housing distress in the country as they have gone through pure hell the past few years.

But cities such as Orlando, Florida and St. Louis, Missouri are probably shocked that they hold the 2nd and 4th positions, respectively. To come up with the criteria for risk in the housing market, Forbes used these criteria; “the country’s 40 largest metros and combined data on foreclosures, from RealtyTrac, a foreclosure listing service; job growth from the Bureau of Labor Statistics; transaction volume data from Radar Logic, a New York real estate research firm; and vacancy and current inventory rates from the U.S. Census Bureau and ZipRealty, an aggregator of multiple listing service data. “

Top 10 Riskiest Real Estate Markets In United States

  1. Detroit, Michigan
  2. Orlando, Florida
  3. Cleveland, Ohio
  4. St. Louis, Missouri
  5. Miami, Florida
  6. Las Vegas, Nevada
  7. Sacramento, California
  8. Denver, Colorado
  9. Tampa Bay, Florida
  10. Phoenix, Arizona

via Forbes

Other Posts You May Be Interested In:



Previous Post: Mile-High Skyscaper Planned to Be Built in Saudi Arabia | Next Post: Copper Pipes and Other Parts Worth More Than Some Homes



 

If you enjoyed this post, we can deliver daily content from the Real Estate Bloggers.

Subscribe using your RSS Reader

Or Get Updates Delivered Daily By E-Mail:


There Are 2 Responses So Far. »

  1. Comment by Spencer Barron on 1 April 2008:

    I could of sworn that I just saw Denver as one of the safest markets just 1 week ago on Yahoo…I’ll have to see if I can find that.

  2. Comment by Santa Barbara Real Estate Voice on 3 April 2008:

    Tough list to find your home town on. Interesting that their is only 1 CA city on this list.

Post a Response