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• Forecast: 3 Things to Know About the Housing Market
• 10 Best and 10 Worst Housing Markets
• Can Americans Really Stop Spending?
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10 Best and 10 Worst Housing Markets

by Nancy F. Smith | Jun 26, 2009 | Comments

While the national median home price is not expected to climb much, if at all, in the next few years, there will be lots of movement at the local level. Some markets are poised to do quite nicely — others will tank. Based on the Case-Shiller index, Moody’s Economy.com forecast the 10 best and worst markets between the fourth quarter of 2008 and the fourth quarter of 2013. Markets where prices didn’t go sky-high will be spared the lows; hence the good showing for Ohio. But the experts say there’s lots of hot air left in bubble markets such as Florida.

10 Best Markets:

Tacoma, WA (metro area)	20.7%
Boulder, CO	17.5%
Toledo, OH	16.7%
Memphis, TN	16.5%
Pittsburgh	16.0%
Cleveland	14.4%
Dayton, OH	13.6%
Akron, OH	13.4%
San Jose, CA	13.3%
Colorado Springs, CO	13.3%

10 Worst Markets:

Miami (metro area)	-40.3%
Orlando, FL	-33.3%
Fort Lauderdale, FL (metro area)	-26.4%
Jacksonville, FL	-32.2%
Riverside, CA	-25.6%
Los Angeles (metro area)	-22.9%
West Palm Beach, FL (metro area)	-20.2%
Tampa, FL	-19.6%
Virginia Beach, VA	-18.2%
New York	-18.1%

Source: Fiserv, Moody’s Economy.com

More on MoneyWatch:

• After the Great Recession: What Next?
• 4 Big Predictions for the U.S. Economy
• The New Job Market: Who Wins and Who Loses?
• Can You Afford to Retire ... Ever?
• Forecast: 3 Things to Know About the Housing Market
• Investors: Will You Ever Make Your Money Back?
• Can Americans Really Stop Spending?

 

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  1

  Dryad

  07/01/09 | Report as spam

  RE: 10 Best and 10 Worst Housing Markets

  I was going to move to Jacksonville in 2006. I was shown a new house that was listed for $579k; the realtor "whisper" price was $379k.
  
  Last week I go an email that the same house is still unsold. The price: $179k plus concessions.
  
  Watch "Coconuts" by the Marx Brothers.

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