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	<title>The Declining Market &#187; Florida</title>
	<atom:link href="http://thedecliningmarket.com/category/florida/feed/" rel="self" type="application/rss+xml" />
	<link>http://thedecliningmarket.com</link>
	<description>Surviving the declining US economy and real estate markets</description>
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		<title>Home Builder WCI Communities Files for Chapter 11</title>
		<link>http://thedecliningmarket.com/2008/08/home-builder-wci-communities-files-for-chapter-11/</link>
		<comments>http://thedecliningmarket.com/2008/08/home-builder-wci-communities-files-for-chapter-11/#comments</comments>
		<pubDate>Tue, 05 Aug 2008 06:01:39 +0000</pubDate>
		<dc:creator>MarketSpecialist</dc:creator>
				<category><![CDATA[Florida]]></category>
		<category><![CDATA[Housing Trends]]></category>
		<category><![CDATA[US Economy]]></category>
		<category><![CDATA[declining market]]></category>
		<category><![CDATA[home builders]]></category>

		<guid isPermaLink="false">http://thedecliningmarket.com/?p=48</guid>
		<description><![CDATA[WCI Home Builders could not obtain the necessary funding to maitain a healthy cash flow.  With $2.18 billion in assets and $1.92 billion in debts WCI had to file for Chapter 11.   WCI Home builders focus on the luxary real estate market where most of its business is centered out of Florida (one the top states for declining real estate [...]]]></description>
			<content:encoded><![CDATA[<p>WCI Home Builders could not obtain the necessary funding to maitain a healthy cash flow.  With $2.18 billion in assets and $1.92 billion in debts WCI had to file for Chapter 11.   WCI Home builders focus on the luxary real estate market where most of its business is centered out of Florida (one the top states for declining real estate prices).   A week ago its stock went from 99c to 2c.  This is a far cry from the ~$20 it was trading for about a year ago.   This is yet another plea for help in our declining real estate market. </p>
<p>Read the full story from <a href="http://www.nytimes.com/2008/08/05/business/05build.html?_r=1&amp;partner=rssnyt&amp;emc=rss&amp;referer=sphere_related_content&amp;referer=sphere_related_content&amp;oref=slogin" onclick="javascript:pageTracker._trackPageview ('/outbound/www.nytimes.com');">NY Times</a>.</p>



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<br/><br/><h3>Related Posts</h3><ul class="related_post"><li><a href="http://thedecliningmarket.com/2008/08/iousa-the-movie-that-says-it-all-about-our-declining-market/" title="I.O.U.S.A &#8211; The Movie that Speaks to our Declining Market ">I.O.U.S.A &#8211; The Movie that Speaks to our Declining Market </a></li><li><a href="http://thedecliningmarket.com/2008/02/the-biggest-drops-in-prices-across-the-nation/" title="And the Award for &#8220;Largest Decrease in Home Values&#8221; goes to&#8230;">And the Award for &#8220;Largest Decrease in Home Values&#8221; goes to&#8230;</a></li><li><a href="http://thedecliningmarket.com/2008/02/more-signs-of-recession-stagflation/" title="More Signs of Recession &#8211; Stagflation">More Signs of Recession &#8211; Stagflation</a></li><li><a href="http://thedecliningmarket.com/2008/02/january-job-losses-are-the-highest-in-4-years/" title="January Job Losses are the Highest in 4 years">January Job Losses are the Highest in 4 years</a></li></ul>]]></content:encoded>
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		</item>
		<item>
		<title>66 Places to buy a Home in this Declining Market</title>
		<link>http://thedecliningmarket.com/2008/07/66-places-to-buy-a-home-in-this-declining-market/</link>
		<comments>http://thedecliningmarket.com/2008/07/66-places-to-buy-a-home-in-this-declining-market/#comments</comments>
		<pubDate>Mon, 28 Jul 2008 05:49:43 +0000</pubDate>
		<dc:creator>MarketSpecialist</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[Florida]]></category>
		<category><![CDATA[Investment Opportunities]]></category>
		<category><![CDATA[New York]]></category>
		<category><![CDATA[South Carolina]]></category>
		<category><![CDATA[Texas]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Buffalo-Niagara Falls]]></category>
		<category><![CDATA[Colorado Springs]]></category>
		<category><![CDATA[Dallas-Fort Worth-Arlington]]></category>
		<category><![CDATA[Houston-Sugar Land-Baytown]]></category>
		<category><![CDATA[LA]]></category>
		<category><![CDATA[McAllen-Edinburg-Mission]]></category>
		<category><![CDATA[New Orleans-Metairie-Kenner]]></category>
		<category><![CDATA[NY]]></category>
		<category><![CDATA[Rochester]]></category>
		<category><![CDATA[San Antonio]]></category>
		<category><![CDATA[Syracuse]]></category>

		<guid isPermaLink="false">http://thedecliningmarket.com/?p=35</guid>
		<description><![CDATA[According to MSN there are still areas that hold a potential profit if you decide to buy a house and hold it for some time in this market.  Below is a table that forecasts out expected equity for homes in different cities (with the assumption that you hold on to it until 2012).  [...]]]></description>
			<content:encoded><![CDATA[<p>According to MSN there are still areas that hold a potential profit if you decide to buy a house and hold it for some time in this market.  Below is a table that forecasts out expected equity for homes in different cities (with the assumption that you hold on to it until 2012).  Texas, New York and South Carolina seem to be the top winners with the most cities on the list.  This is atlease a 4 year investment so don&#8217;t expect to flip and run&#8230;</p>
<p><strong>How much equity you&#8217;d have by 2012 if you bought a low-priced home today… </strong></p>
<table class="MsoNormalTable msoUcTable" border="1" cellpadding="0" width="100%">
<colgroup span="1">
<col span="1"></col>
<col span="1"></col>
<col span="1"></col>
<col span="1"></col>
</colgroup>
<tbody>
<tr>
<td valign="bottom"><strong>Metro area</strong></td>
<td valign="bottom">
<p align="right"><strong>6% loan</strong></p>
</td>
<td valign="bottom">
<p align="right"><strong>7% loan</strong></p>
</td>
<td valign="bottom">
<p align="right"><strong>8% loan</strong></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>McAllen-Edinburg-Mission, Texas</span></td>
<td valign="bottom">
<p align="right"><span>$90,437 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$89,871 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$89,381 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>San Antonio</span></td>
<td valign="bottom">
<p align="right"><span>$90,017 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$89,064 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$88,239 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>New Orleans-Metairie-Kenner, La. </span></td>
<td valign="bottom">
<p align="right"><span>$88,907 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$87,473 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$86,232 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Houston-Sugar Land-Baytown, Texas </span></td>
<td valign="bottom">
<p align="right"><span>$87,837 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$86,703 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$85,721 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Dallas-Fort Worth-Arlington, Texas </span></td>
<td valign="bottom">
<p align="right"><span>$83,880 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$82,669 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$81,620 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Rochester, N.Y. </span></td>
<td valign="bottom">
<p align="right"><span>$82,898 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$81,898 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$81,032 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Syracuse, N.Y. </span></td>
<td valign="bottom">
<p align="right"><span>$80,231 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$79,341 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$78,571 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Buffalo-Niagara Falls, N.Y. </span></td>
<td valign="bottom">
<p align="right"><span>$77,934 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$77,045 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$76,275 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Jackson, Miss.</span></td>
<td valign="bottom">
<p align="right"><span>$77,648 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$76,659 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$75,804 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Austin-Round Rock, Texas</span></td>
<td valign="bottom">
<p align="right"><span>$70,007 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$68,530 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$67,251 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Memphis, Tenn.-Mississippi-Arkansas * </span></td>
<td valign="bottom">
<p align="right"><span>$68,348 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$67,286 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$66,367 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Baton Rouge, La. </span></td>
<td valign="bottom">
<p align="right"><span>$61,802 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$60,648 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$59,651 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Pittsburgh</span></td>
<td valign="bottom">
<p align="right"><span>$61,174 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$60,221 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$59,397 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Tulsa, Okla. </span></td>
<td valign="bottom">
<p align="right"><span>$58,599 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$57,624 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$56,780 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Little Rock-North Little Rock-Conway, Ark. </span></td>
<td valign="bottom">
<p align="right"><span>$58,420 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$57,416 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$56,548 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Augusta, Ga.-Richmond County, S.C. </span></td>
<td valign="bottom">
<p align="right"><span>$57,424 </span></p>
</td>
<td valign="bottom">
<p align="right">$ 56,465</p>
</td>
<td valign="bottom">
<p align="right"><span>$55,636 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Lakeland, Fla.</span></td>
<td valign="bottom">
<p align="right"><span>$56,960 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$55,793 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$54,784 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Columbia, S.C</span></td>
<td valign="bottom">
<p align="right"><span>$55,993 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$54,936 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$54,022 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>El Paso, Texas </span></td>
<td valign="bottom">
<p align="right"><span>$55,100 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$54,316 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$53,637 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Akron, Ohio </span></td>
<td valign="bottom">
<p align="right"><span>$54,594 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$53,410 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$52,387 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Greensboro-High Point, N.C. </span></td>
<td valign="bottom">
<p align="right"><span>$54,592 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$53,463 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$52,485 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Oklahoma City </span></td>
<td valign="bottom">
<p align="right"><span>$54,431 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$53,475 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$52,648 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Youngstown-Warren, Ohio-Boardman, Pa. </span></td>
<td valign="bottom">
<p align="right"><span>$54,014 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$53,176 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$52,450 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Wichita, Kan. </span></td>
<td valign="bottom">
<p align="right"><span>$53,684 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$52,764 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$51,968 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Dayton, Ohio </span></td>
<td valign="bottom">
<p align="right"><span>$51,393 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$50,327 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$49,405 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Detroit-Warren-Livonia, Mich. </span></td>
<td valign="bottom">
<p align="right"><span>$50,599 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$49,241 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$48,067 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Indianapolis-Carmel, Ind. </span></td>
<td valign="bottom">
<p align="right"><span>$49,520 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$48,330 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$47,300 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Albany-Schenectady-Troy, N.Y. </span></td>
<td valign="bottom">
<p align="right"><span>$49,104 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$47,630 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$46,355 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Omaha, Neb.-Council Bluffs, Iowa </span></td>
<td valign="bottom">
<p align="right"><span>$47,823 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$46,654 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$45,643 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Birmingham-Hoover, Ala. </span></td>
<td valign="bottom">
<p align="right"><span>$47,404 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$46,276 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$45,300 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Atlanta-Sandy Springs-Marietta, Ga. </span></td>
<td valign="bottom">
<p align="right"><span>$46,314 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$44,730 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$43,360 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Scranton-Wilkes-Barre, Pa. </span></td>
<td valign="bottom">
<p align="right"><span>$46,251 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$45,254 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$44,391 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Des Moines-West Des Moines, Iowa </span></td>
<td valign="bottom">
<p align="right"><span>$46,078 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$44,844 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$43,776 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Kansas City, Mo.-Kansas City, Kan. </span></td>
<td valign="bottom">
<p align="right"><span>$45,699 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$44,413 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$43,300 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Cleveland-Elyria-Mentor, Ohio </span></td>
<td valign="bottom">
<p align="right"><span>$45,251 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$44,025 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$42,964 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Grand Rapids-Wyoming, Mich.</span></td>
<td valign="bottom">
<p align="right"><span>$44,484 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$43,304 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$42,282 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Toledo, Ohio </span></td>
<td valign="bottom">
<p align="right"><span>$44,009 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$42,928 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$41,992 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Tampa-St. Petersburg-Clearwater, Fla. </span></td>
<td valign="bottom">
<p align="right"><span>$41,847 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$40,237 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$38,843 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Chattanooga, Tenn.-Georgia *</span></td>
<td valign="bottom">
<p align="right"><span>$41,025 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$39,955 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$39,029 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Cincinnati-Middletown, Ind.-Kentucky  *</span></td>
<td valign="bottom">
<p align="right"><span>$40,454 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$39,184 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$38,086 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Greenville-Mauldin-Easley, S.C. </span></td>
<td valign="bottom">
<p align="right"><span>$40,268 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$39,169 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$38,218 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Harrisburg-Carlisle, Pa. </span></td>
<td valign="bottom">
<p align="right"><span>$37,456 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$36,168 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$35,054 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Portland-South Portland-Biddeford, Maine </span></td>
<td valign="bottom">
<p align="right"><span>$37,197 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$35,204 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$33,479 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>New Haven-Milford, Conn. </span></td>
<td valign="bottom">
<p align="right"><span>$36,521 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$34,284 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$32,348 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Deltona-Daytona Beach-Ormond Beach, Fla. </span></td>
<td valign="bottom">
<p align="right"><span>$36,217 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$34,643 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$33,281 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Charleston-North Charleston, S.C. </span></td>
<td valign="bottom">
<p align="right"><span>$35,592 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$34,062 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$32,738 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Louisville-Jefferson County, Ky.-Indiana *</span></td>
<td valign="bottom">
<p align="right"><span>$33,003 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$31,809 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$30,775 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>St. Louis -Illinois *</span></td>
<td valign="bottom">
<p align="right"><span>$32,933 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$31,630 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$30,503 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Sarasota-Bradenton-Venice, Fla. </span></td>
<td valign="bottom">
<p align="right"><span>$31,544 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$29,577 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$27,875 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Charlotte-Gastonia, N.C.-Concord, S.C. </span></td>
<td valign="bottom">
<p align="right"><span>$29,919 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$28,524 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$27,318 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Columbus, Ohio </span></td>
<td valign="bottom">
<p align="right"><span>$28,982 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$27,628 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$26,457 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Albuquerque, N.M. </span></td>
<td valign="bottom">
<p align="right"><span>$28,805 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$27,356 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$26,102 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Jacksonville, Fla. </span></td>
<td valign="bottom">
<p align="right"><span>$26,832 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$25,241 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$23,863 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Nashville-Davidson-Murfreesboro-Franklin, Tenn. </span></td>
<td valign="bottom">
<p align="right"><span>$26,567 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$25,181 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$23,982 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Knoxville, Tenn. </span></td>
<td valign="bottom">
<p align="right"><span>$24,862 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$23,663 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$22,625 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Palm Bay-Melbourne-Titusville, Fla. </span></td>
<td valign="bottom">
<p align="right"><span>$23,090 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$21,467 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$20,063 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Richmond, Va. </span></td>
<td valign="bottom">
<p align="right"><span>$21,500 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$19,740 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$18,217 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Raleigh-Cary, N.C. </span></td>
<td valign="bottom">
<p align="right"><span>$19,004 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$17,386 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$15,985 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Springfield, Mass. </span></td>
<td valign="bottom">
<p align="right"><span>$16,338 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$14,591 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$13,079 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Philadelphia-Camden, N.J.-Wilmington, Del. -Maryland *</span></td>
<td valign="bottom">
<p align="right"><span>$14,492 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$12,532 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$10,836 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Hartford-West Hartford-East Hartford, Conn. </span></td>
<td valign="bottom">
<p align="right"><span>$13,494 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$11,405 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$9,598 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Allentown-Bethlehem, Pa.-Easton, N.J. </span></td>
<td valign="bottom">
<p align="right"><span>$12,779 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$11,063 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$9,578 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Milwaukee-Waukesha-West Allis, Wis. </span></td>
<td valign="bottom">
<p align="right"><span>$12,745 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$11,076 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$9,632 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Virginia Beach-Norfolk-Newport News, Va.-North Carolina  *</span></td>
<td valign="bottom">
<p align="right"><span>$10,449 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$8,515 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$6,842 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Orlando-Kissimmee, Fla. </span></td>
<td valign="bottom">
<p align="right"><span>$9,400 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$7,433 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$5,730 </span></p>
</td>
</tr>
<tr>
<td valign="bottom"><span>Colorado Springs, Colo. </span></td>
<td valign="bottom">
<p align="right"><span>$4,482 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$2,736 </span></p>
</td>
<td valign="bottom">
<p align="right"><span>$1,224 </span></p>
</td>
</tr>
</tbody>
</table>
<p><em>Source: Center for Economic and Policy Research and the National Low Income Housing Coalition<br />
* Metropolitan area extends across state borders</em></p>
<p><strong>Read the whole article from <a href="http://realestate.msn.com/Buying/Article2.aspx?cp-documentid=8378117" title="MSN Money" onclick="javascript:pageTracker._trackPageview ('/outbound/realestate.msn.com');">MSN Money</a>.  You can also email our <a href="mailto:support@theDecliningMarket.com">Customer Support </a> or call at 1-800-881-1479 if you are interested in finding an top ranked Realtor in any of these areas. </strong></p>



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<br/><br/><h3>Related Posts</h3><ul class="related_post"><li><a href="http://thedecliningmarket.com/2008/07/home-prices-fall-in-100-major-metro-areas-in-first-half/" title="Home prices fall in 100 major metro areas in first half">Home prices fall in 100 major metro areas in first half</a></li></ul>]]></content:encoded>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>And the Award for &#8220;Largest Decrease in Home Values&#8221; goes to&#8230;</title>
		<link>http://thedecliningmarket.com/2008/02/the-biggest-drops-in-prices-across-the-nation/</link>
		<comments>http://thedecliningmarket.com/2008/02/the-biggest-drops-in-prices-across-the-nation/#comments</comments>
		<pubDate>Sat, 16 Feb 2008 09:02:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[California]]></category>
		<category><![CDATA[Florida]]></category>
		<category><![CDATA[Statistics]]></category>
		<category><![CDATA[decreasing property values]]></category>
		<category><![CDATA[detroit]]></category>
		<category><![CDATA[las vegas]]></category>
		<category><![CDATA[sacramento]]></category>
		<category><![CDATA[san diego]]></category>

		<guid isPermaLink="false">http://thedecliningmarket.com/?p=18</guid>
		<description><![CDATA[Here are the 10 top cities for decreasing property values (as compared to a year ago):

Sacramento, CA (-18.5%)
Las Vegas, Nev. (-17.2%)
San Diego, Calif. (-17.1%)
Tampa, Fla. (-11.7%)
Los Angeles, Calif. (-10.7%)
Miami, Fla. (-10.6%)
Phoenix, Ariz. (-9.5%)
Jacksonville, Fla. (-8.7%)
Detroit, Mich. (-7.7%)
Atlanta, GA (-7.1%)

Click here for the full slideshow from Forbes&#8230;
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Related PostsSouthern California Home Prices Rise 4% in DecemberHome Builder WCI [...]]]></description>
			<content:encoded><![CDATA[<p>Here are the 10 top cities for decreasing property values (as compared to a year ago):</p>
<ol>
<li>Sacramento, CA (-18.5%)</li>
<li>Las Vegas, Nev. (-17.2%)</li>
<li>San Diego, Calif. (-17.1%)</li>
<li>Tampa, Fla. (-11.7%)</li>
<li>Los Angeles, Calif. (-10.7%)</li>
<li>Miami, Fla. (-10.6%)</li>
<li>Phoenix, Ariz. (-9.5%)</li>
<li>Jacksonville, Fla. (-8.7%)</li>
<li>Detroit, Mich. (-7.7%)</li>
<li>Atlanta, GA (-7.1%)</li>
</ol>
<p>Click <a href="http://www.forbes.com/realestate/2008/02/12/foreclosure-housing-property-forbeslife-cx_mw_0212realestate_slide_12.html?thisSpeed=24000" title="here" onclick="javascript:pageTracker._trackPageview ('/outbound/www.forbes.com');">here</a> for the full slideshow from Forbes&#8230;</p>
<p>____________________________________________</p>



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<br/><br/><h3>Related Posts</h3><ul class="related_post"><li><a href="http://thedecliningmarket.com/2010/01/southern-california-home-prices-rise-4-in-december/" title="Southern California Home Prices Rise 4% in December">Southern California Home Prices Rise 4% in December</a></li><li><a href="http://thedecliningmarket.com/2008/08/home-builder-wci-communities-files-for-chapter-11/" title="Home Builder WCI Communities Files for Chapter 11 ">Home Builder WCI Communities Files for Chapter 11 </a></li><li><a href="http://thedecliningmarket.com/2008/03/foreclosures-up-75-in-2007/" title="Foreclosures up 75% in 2007">Foreclosures up 75% in 2007</a></li></ul>]]></content:encoded>
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		<title>Recession Looming for California and Florida due to a Declining Real Estate Market</title>
		<link>http://thedecliningmarket.com/2008/01/recession-looming-for-california-and-florida-due-to-a-declining-real-estate-market/</link>
		<comments>http://thedecliningmarket.com/2008/01/recession-looming-for-california-and-florida-due-to-a-declining-real-estate-market/#comments</comments>
		<pubDate>Thu, 17 Jan 2008 07:48:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[California]]></category>
		<category><![CDATA[Florida]]></category>
		<category><![CDATA[Statistics]]></category>

		<guid isPermaLink="false">http://thedecliningmarket.com/?p=9</guid>
		<description><![CDATA[Though the &#8220;R&#8221; word has been on the tip of everyone&#8217;s tounge for the nation, today MSN posted an article stating that both California and Florida (two of our largest US economies) are pratically in a recession. The primary factory is contributed to the continuing declines in both the number of home sales and sale [...]]]></description>
			<content:encoded><![CDATA[<p>Though the &#8220;R&#8221; word has been on the tip of everyone&#8217;s tounge for the nation, today MSN posted an article stating that both California and Florida (two of our largest US economies) are pratically in a recession. The primary factory is contributed to the continuing declines in both the number of home sales and sale prices:</p>
<p><em>&#8220;Existing home sales fell 36 per cent in California and 30 per cent in Florida in the year to November 2007, against a national decline of 20 per cent. Median sale prices fell 12 per cent in California and 10 per cent in Florida, against only 3 per cent nationwide.</em></p>
<p><em>Both states have large inventories of unsold houses. Florida has a huge excess of condominiums and rising insurance premiums, while California is uniquely vulnerable to the dysfunction in the jumbo, or large denomination, mortgage market.&#8221;</em></p>
<p>Click <a href="http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=FT&amp;date=20080117&amp;id=8051835" title="here" onclick="javascript:pageTracker._trackPageview ('/outbound/news.moneycentral.msn.com');">here</a> for the full story from MSN Money&#8230;</p>
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