The real estate markets across the country are stabilizing, no doubt about it. However in some regions there is still carnage going on.
Remember the golden rule about real estate, it is all local.
So for those living in these areas, you have my empathy. It is tough reading the national news that real estate is okay and you are losing home equity.
Top 10 Worst Real Estate Markets in 1st Quarter 2010
1. Orlando, Fla. (-15%)
2. Ocala, Fla. (-14.5%)
3. Cumberland, Md. (-14.4%)
4. Boise City, Idaho (-13.9%)
5. Reno, Nev. (-13.5%)
6. Hagerstown, Md. (-13%)
7. Las Vegas (-11.8%)
8. Glens Falls, N.Y. (-11.5%)
9. Salt Lake City, Utah (-11.4%)
10. Palm Bay, Fla. (-11%)
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