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jadedragon
Administrator
Canada
3788 Posts |
 Posted - 10/06/2008 : 15:41:12
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Found this interesting site. Look on the left side for links to the top 25 "hottest markets" (ok, maybe it should be lukewarm right now) and worst 25 markets (how do they choose from all the great choices for this honor?) Looks like North Dakota is sitting pretty, but Ontario, California is in for a rough ride.
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“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 10/06/2008 : 18:50:48
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Worst
Rank Real Estate Market 2008 Forecast
1. Ontario, CA #8722; 24.5%
2. Las Vegas , NV #8722; 23.7%
3. Miami , FL #8722; 22.1%
4. Detroit , MI #8722; 19.7%
5. Phoenix , AZ #8722; 19.6%
6. Sacramento, CA #8722; 19.1%
7. Los Angeles , CA #8722; 18.5%
8. Anaheim, CA #8722; 17.4%
9. San Diego, CA #8722; 16.7%
10. Palm Beach, FL #8722; 14.7%
11. Naples , FL #8722; 13.9%
12. Fresno, CA #8722; 12.9%
13. Cleveland, OH #8722; 12.1%
14. Atlanta, GA #8722; 11.2%
15. Boston, MA #8722; 10.9%
16. Bakersfield, CA #8722; 10.8%
17. Dewey Beach, DE #8722; 10.7%
18. Cambridge, MA #8722; 10.3%
19. Reno, NV #8722; 10.2%
20. Fort Lauderdale, FL #8722; 10.1%
21. Lawrence, MA #8722; 9.5%
22. San Jose, CA #8722; 9.1%
23. Indianapolis , IN #8722; 9.0%
24. Portland, OR #8722; 8.9%
25. Grand Rapids, MI #8722; 8.9%
have less appreciation forecast than earlier in the year.
Best
Rank Real Estate Market 2008 Forecast
1. Biloxi, MS 4.9%
2. Salem, OR 4.7%
3. Bismarck, ND 4.6%
4. Spokane, WA 4.4%
5. Yakima, WA 4.1%
6. Austin, TX 4.0%
7. Grand Junction, CO 4.0%
8. Fargo, ND 4.0%
9. Mobile, AL 3.9%
10. Idaho Falls, ID 3.8%
11. New York, NY 3.8%
12. Glen Falls,NY 3.8%
13. Salt Lake City, UT 3.8%
14. Grand Forks,ND 3.8%
15. Pascagoula, MS 3.8%
16. Hattiesburg, MS 3.7%
17. Albuquerque, NM 3.5%
18. Kellogg, ID 3.5%
19. Boise, ID 3.5%
20. Provo, UT 3.1%
21. Ogden, UT 2.7%
22. Edmond, OK 2.6%
23. Oklahoma City, OK 2.5%
24. Amarillo, TX 2.4%
25. Lubbock, TX 2.3%
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Think positive. |
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Delawhere Jack
1000+ Penny Miser Member
USA
1680 Posts |
Posted - 10/06/2008 : 21:44:20
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17. Dewey Beach, DE #8722; 10.7%
Sad, many a day of my youth spent there. Back then of course, it was privately owned little bungalos and such, usually rented out weekly during the summer. In the past 10-20 years it's all been bought up, torn down, and condos and-or private Summer McMansions put up for the NYC-DC pigs.
It will never be the same again. Nor Bethany Beach, or Lewes, Cape Henelopen, or Fenwick Island. All killed by greed. 
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"Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty." Thomas Jefferson
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 10/07/2008 : 01:11:14
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Looking at the list Ardent posted - I'll add that the "Worst" List shows expected annual market DROPS. The "Best" list shows expected market value INCREASES. California shows up way to often on the worst list, while the best markets are smaller, and spread all over the US.
I'm thinking about finding a bad market and flying down to check it out first hand. I like half price real estate even more then half price metal in coin form. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Housing Predictor
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