New Study Pinpoints Top Places Where Real-Estate Prices May Fall

[La Jolla Renter]

Below are the risk scores for the top 50 metropolitan areas, minus New Orleans:

* San Diego-Carlsbad-San Marcos, Calif., 599
* Nassau-Suffolk, N.Y., 589
* Boston-Quincy, Mass., 588
* Santa Ana-Anaheim-Irvine, Calif., 588
* Sacramento-Arden-Arcade-Roseville, Calif., 585
* Riverside-San Bernardino-Ontario, Calif., 583
* Oakland-Fremont-Hayward, Calif., 582
* Los Angeles-Long Beach-Glendale, Calif., 575

[La Jolla Renter]

Forgot Link:

http://www.realestatejournal.com/buysell/markettrends/20060630-hoak.html

[carlislematthew]

But but, they’re not making any more land!!!

Seriously though, I find it interesting that they estimate about a 50% chance of a decline in San Diego. Prices have already come down! You only have to look at the data a little more closely than a quick copy-and-paste of some median value increase, and you can find the truth.

[Author]

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