65% of US Markets had Price Appreciation in 2007!

What's most interesting to me in this report is the 1 year appreciation rates versus the 5 year appreciation rates.  Arizona, for instance, had a -2.4% appreciation, but the 5 year appreciation was 80.4%!   Not surprising to see an adjustment there.   North Carolina had a 4.85% appreciation last year, but 5 year total is only 32.05%.  

Heath,  This is a very interesting report, thank you for it.  There are a lot of areas that did well in 2007, positive reports.  I am sure the negative media will use the 35% that were in a down market as more fodder and leave the 65% alone.

Don R.

Great info thank you Heath. Here in North Carolina we are still doing OK and it looks like its picking up last few weeks.

There is a pop up map in the WSJ website for median price change and delinquency that reflects your statistics.

http://online.wsj.com/public/resources/documents/retro-MORTGAGE0807.html

It is pretty interesting, to see visually the problem areas. Of course rates trending upward may impact appreciation in some areas.

Richard

 Thanks for the post, yes in Eastern washington the high end homes made up for the middle market which was down so even th numbers don't tell the whole story.

Heath, thanks for the info.  It is good to know that the depreciation of values is not occuring throughout the united states yet.