Tuesday, November 28, 2006

Where to Invest Now (and Where Not)

HousingWatch

Lists the lowest-5 median markets (using MLS data from metro areas) as:
region median asking price change
Pittsburgh, PA $119,900 -2600 (2.12%)
Indianapolis,IN $139,900 0
Dallas, TX $150,990 -3010 (1.95%)
Louisville, KY $155,000 +50 (0.03%)
Cincinnati, OH $157,900 -2000 (1.25%)

Here are the biggest negative changes in the past 6 months:
region median asking price change %
New Orleans, LA $215,000 -20000 -8.51%
Detroit, MI $119,900 -10100 -7.77%
Sacramento, CA $365,000 -30000 -7.59%
Cleveland, OH $147,900 -12000 -7.50%
SantaBarbara,CA $829,000 -66000 -7.37%

Here are the biggest positive changes in the past 6 months:
Boise, ID $284,900 1550 0.55%
SaltLakeCity,UT $279,900 4900 1.78%
Atlanta, GA $204,900 4900 2.45%
Nashville, TN $218,000 13000 6.34%
Raleigh, NC $229,900 20000 9.53%

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