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Old 12-19-2006, 10:58 AM   #1 (permalink)
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Where not to buy now

CNN Money Where not to buy now

California's Central Valley: Bakersfield, Fresno, Merced, Sacramento Stockton
Southwest Florida: Fort Myers, Naples, Punta Gorda, Sarasota
The Jersey Shore: Atlantic City, Ocean City
Phoenix
California's Inland Empire: Riverside and San Bernardino counties

Some projected 1 year drops in median home prices.

Stockton, California - 9.7%
Merced, California - 8.9%
Reno/Sparks, Nevada - 8.9%
Fresno, California - 7.9%
Vallejo/Fairfield, California - 7.8%
Las Vegas, Nevada - 7.1%
Bakersfield, California - 6.6%
Sacramento, California - 6.4%
Washington, D.C. - 6.3%
Tucson, Arizona - 6.2%

http://money.cnn.com/popups/2006/biz...not/index.html
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Old 12-19-2006, 01:58 PM   #2 (permalink)
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Well, I know for sure Punta Gorda's prices are dropping. Glad I sold when I did.
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Old 12-25-2006, 12:33 AM   #3 (permalink)
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Any spots in Texas with falling house prices?
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Old 12-25-2006, 01:01 AM   #4 (permalink)
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Any spots in Texas with falling house prices?
Not that I know of. Most of Texas is still very cheap for Real Estate compared to the rest of the country.
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Old 12-28-2006, 08:38 PM   #5 (permalink)
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Re: Where not to buy now

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Originally Posted by T.S. View Post
CNN Money Where not to buy now

California's Central Valley: Bakersfield, Fresno, Merced, Sacramento Stockton
Southwest Florida: Fort Myers, Naples, Punta Gorda, Sarasota
The Jersey Shore: Atlantic City, Ocean City
Phoenix
California's Inland Empire: Riverside and San Bernardino counties

Some projected 1 year drops in median home prices.

Stockton, California - 9.7%
Merced, California - 8.9%
Reno/Sparks, Nevada - 8.9%
Fresno, California - 7.9%
Vallejo/Fairfield, California - 7.8%
Las Vegas, Nevada - 7.1%
Bakersfield, California - 6.6%
Sacramento, California - 6.4%
Washington, D.C. - 6.3%
Tucson, Arizona - 6.2%

http://money.cnn.com/popups/2006/biz...not/index.html



I wish CNN would mind their own business, I need to sell my house in Phoenix
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Old 12-28-2006, 09:17 PM   #6 (permalink)
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Re: Where not to buy now

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Originally Posted by a1m1700 View Post
I wish CNN would mind their own business, I need to sell my house in Phoenix


Good luck with the sale.
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Old 12-28-2006, 09:26 PM   #7 (permalink)
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Re: Where not to buy now

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Originally Posted by T.S. View Post


Good luck with the sale.

Thanks! We've had a lot of traffic coming through, even though it's the holidays but people are buying. The problem is the supply is way too high
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