|
10 Housing markets set for steep losses - NOT AUSTIN |
|
|
|
|
Submitted by Administrator
|
|
 The worst isn't over for Miami, Phoenix, and hard hit areas of California, which are forecast to see big price drops in the next 12 months, according to Money Magazine.
Go to this link to see the slideshow of these markets CLICK HERE Miami, Fla. 12-month forecast: -24.9% Median home price: $329,000 One year price change: -9.8% Five year price change: 94.8% Prices forecast to hit bottom:
April-June, 2010 Change in foreclosure rate: 370% |
One of my regular duplex buyers had a goal of 10 units within two years and they're almost there. Two duplexes already under the belt and we came upon a fantastic deal on this 4plex located in north central Austin near the Domain shopping center. 