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Less Likely that Home Prices Will Fall

By Pattie Adkins

Real Estate Broker/Owner with Pattie Adkins, Broker

October 10, 2007 05:51 AM

Realtor magazine states that the 11 markets with a greater than 50 percent risk in the second quarter that home prices will fall are:

Riverside-San Bernardino-Ontario, Calif.
Las Vegas-Paradise
Santa Ana-Anaheim-Irvine, Calif.
Phoenix-Mesa-Scottsdale
Los Angeles-Long Beach-Glendale
West Palm Beach-Boca Raton-Boynton Beach
Sacramento-Arden-Roseville
San Diego-Carlsbad-San Marcos
Oakland-Fremont-Hayward, Calif.
Fort Lauderdale-Pompano Beach-Deerfield Beach
Orlando-Kissimmee

But overall things are looking less risky for other areas. This is great news, but I'd love to see these 11 looking better in the near future. Only time will tell........

Comments(3)

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Drew Riley

Spa Realty, Inc Team Riley - Hot Springs, AR

Our local area has seen some downturn, but nowhere near some of the other areas across the nation...I to hope for a list of 11 looking better in the future!

Oct 10, 2007 06:05 AM

Jay Beckingham

Christensen Financial Mortgage - Port St Lucie, FL

Seniors ROCK!

thanks,

i'm in southwest florida and we're NOT on the list.

you made me smile.

Oct 10, 2007 07:21 AM

KC Coonc

Windermere Real Estate/Whatcom, Inc. - Bellingham, WA

Bellingham Commercial Real Estate

A lot of negatives go a long way. Our market in the North Puget Sound has not seen huge depreciation. A lot of negative talk nationally but locally our statistics are pretty solid.

Oct 10, 2007 09:10 AM