Tuesday, October 19, 2010

10 Worst Cities for Real Estate Investing (Denver & CO is not one of them)

These are the ten cities where home prices fell the most over the past year have been plagued by unemployment, and most were in states that had the biggest speculative bubble. In contrast, Colorado and Denver are on almost all of the top 10 GOOD lists.  
These ten worst real estate markets according to Kiplinger are:
1. Detroit – Livonia – Dearborn, Michigan
2. Las Vegas – Paradise, Nevada
3. Phoenix – Mesa – Scottsdale, Arizona
4. Merced, California
5. Miami – Miami Beach – Kendall, Florida
6. Modesto, California
7. Orlando – Kissimmee, Florida
8. Lakeland – Winter Haven, Florida
9. Salinas, California
10. Cape Coral – Fort Myers, Florida

Kiplinger provides detailed information about the housing markets in these cities and CLICK HERE to get more information about these markets