Top 10 Riskiest Home Markets For Fall, 2008

The home market has slowed down, but the risk associated with homes prices 2 years from now have bifurcated. The worst markets according the the PMI Institute study show an almost certainty that home prices will be lower than they are today in the following communities. But looking down the list the majority of homes in the country are expected to be at a higher prices, with many markets this being a certainty.

Top 10 Riskiest Home Markets For Fall, 2008


Fort Lauderdale-Pompano Beach-Deerfield Beach; FL A   99.5
Riverside-San Bernardino-Ontario; CA                  99.5
Orlando-Kissimmee; FL                                 99.4
Miami-Miami Beach-Kendall; FL                         99.3
Tampa-St. Petersburg-Clearwater; FL                   99.0
Las Vegas-Paradise; NV                                98.5
Los Angeles-Long Beach-Glendale; CA                   98.5
Santa Ana-Anaheim-Irvine; CA                          97.7
Jacksonville; FL                                      97.5
Phoenix-Mesa-Scottsdale; AZ                           96.3
The number at the end is the percentage chance that homes prices will be lower in 2 years.

Related posts:
  1. Top 10 Worst Foreclosure Cities For 2008
  2. Top 10 Places To Retire in the United States in 2009
  3. Top 10 Smart Markets To Purchase A home In For 2009
  4. Wyclef Jean Loses Miami Beach Home To Foreclosure
  5. Relocating: Atlanta Named Top Destination By UHaul in 2008

There Are 3 Responses So Far. »

  1. [...] Here’s The Real Estate Bloggers entry Top 10 Riskiest Home Markets for Fall 2008 [...]

  2. Interesting – yesterday Case Shiller release price index and Tampa market showed flat versus months of declining numbers – many think we have hit the bottom in July with prices back to 2005 levels – of course who know what will happen with “the armegedon bailout” – get we’ll see in 2 years :)

  3. I’m an appraiser in Pompano Beach FL. I’m seeing condo units which sold for 300k 2 to 3 years ago selling below 115k at foreclosure. It also looks like a lot more foreclosures are going to hit the market soon.

Post a Response

« Back to text comment
  • Popular

    Most Comments

    Search

    Tags

    Archives

  • Recent Comments

    • Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
      Joe Spake | 7Nov09 | More
    • It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
      Antony Lexington@Home loan | 7Nov09 | More
    • I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI.
      ROBIN SPURLIN | 6Nov09 | More
    • Definitely not a fan of Move Inc.!!!
      Tony Sena | 6Nov09 | More
    • A lot of you really need to go back to kindergarten and learn to spell correctly. If you cannot spell ...
      SpazzyCat | 6Nov09 | More
    • In 2008, there was an extension to push first-time home buyers to purchase their homes quickly since the program did ...
      Mary | 6Nov09 | More
    • I also need HELP and don't know what to do about my problem. I have a garden apartment off ...
      Cheryl Gungor | 6Nov09 | More
    • I have the same situation. I sold my home in July and am scheduled to to close in a few ...
      Arlo Moehlenoah | 6Nov09 | More
    • My cousin in Maryland going thru same thing as Jack Thomas. Have loan Mod Agreement from Countywide dated April 2009, ...
      Trying to help BoA customer | 6Nov09 | More
    • Print Ads is the popular way to advertise among seniors in the business industry but today it seems like it ...
      Central Oregon Homes | 6Nov09 | More
  • Statistics

  • Friends

  • Recent Friends Visiting

  • Subscribe





    Get Updates Delivered Daily By E-Mail:

    Delivered by FeedBurner