Forbes is listing their predictions of the top 10 markets that will rise and fall in 2011. Check out this article on MSNBC.com to see what Forbes is predicting:
Where home prices will rise, fall the most in '11
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I think projections such as these are tantamount to treason and serve not useful purpose than to undermine the market. The conjecture that the San Francisco Market will drop 9.3% is evidence that the authors don't understand the market. Most of the markets in the South Bay/Silicon Valley went up in 2010 and are already showing signs of continued progress up. While I know the Peninsula has had a little trouble, there are some markets up and a few down. The down percentages are slight and certainly not close to 10%.
Thanks for posting this but I think the media needs to be more responsible with their reporting.
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