If you are going to purchase Real Estate in a recession it would be best to buy low.  You must look for deals in locations that will be a good investment.  This will ensure that when the market goes back up your purchase will be profitable.  Forbes magazine did an article listing the markets that are experiencing the most distress right now.  These 10 areas maybe locations that will provide you with very good real estate investments in the future.

With the Sacramento, CA market being down by 18.5% there are probably many homes to choose from.

10.   Atlanta, Georgia -  7.1% down

9.     Detroit, Michigan - 7.7% down

8.     Jacksonville, FL   - 8.7% down

7.     Phoenix, AZ       - 9.5% down

6.     Miami, FL         -  10.6% down

5.     Los Angles, CA  - 10.7% down

4.     Tampa, FL        -  11.7% down

3.     San Diego, CA   -  17.1% down

2.     Las Vegas, NV   -   17.2% down

1.     Sacramento, CA -   18.5% down

As always purchasing a home is a smart decision.  If you find a home that you love and it is available at a reasonable price.... BUY IT! 

 

1 Comments on Top 10 Best Markets To Get A Deal

MAR
25
2008
The key word is "reasonable price."  People are looking for a steal.  May your area be among the rising ones.  Lu
11:55am • #1

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Endea Thibodeaux, CDPE, CLHMS, RECS Real Estate Auctions - DC, MD, & PA

Lanham, MD

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