My picks:
1) Phoenix
2) Phoenix
3) Phoenix
Seriously:
1) Phoenix
2) Miami
3) Boston
March 02, 2006
Let's play again - a year from now, what three US markets will have seen the largest percentage declines in median home value from their peaks?
Subscribe to:
Post Comments (Atom)
18 comments:
Phoenix in percentages.
Los Angeles is total dollar drop off.
By the rules (percentage):
1. Phoenix
2. Las Vegas
3. San Diego
Boston? Not even in the top eight.
1. Phoenix
2. All Florida
3. San Diego
Condos drop first, who's got most supply? Vegas, DC next...
In percentages:
1) Bakersfield
2) Parts of Florid
Miami. Because of the supply still to come.
Phoenix. Because of the CA flippers.
San Diego. The supply to come.
The new means test BK law will make this downturn last longer.
#1: NYC (Manhattan)
#2: Phoenix
#3: Miami
SF bay area
DC
Miami
1. Orange County / San Diego (Tie)
2. Phoenix
3. South Florida
I choose OC & SD because we’re already starting to see significant price reductions in those communities. And the medium price to medium income is higher there than the other communities mentioned. OC droped 6% in Jan.
Try Sydney, London and Shanghai
Phoenix
Sacramento
Miami/Ft. Lauderdale
1 copper
2 shanghi
3 all of california
Anyone know how the Reno,NV market is doing?
1. Sacramento/Central Valley
2. Phoenix
3. San Diego
San Diego!
DC
DC
DC
San Diego
I don't think OC will be hit as hard as most. The markets surrounding OC on the other hand will get smacked hard. There are a lot of people who sit in traffic for 3 hours a day to work in OC, that will move as soon as they can afford it. The Riverside inventory numbers have been incredible:
http://bubbletracking.blogspot.com/2006/02/tracking-riverside-county.html
1. East Coast
2. West Coast
3. Everything between
Post a Comment