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10 Housing markets set for steep losses - NOT AUSTIN |
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Submitted by Administrator
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Thursday, 08 May 2008 |
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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% |