|
Major Metropolitan Real Estate Market Forecasts
The major 25 real estate metropolitan statistical areas are based on housing and population densities in the Greater Metropolitan areas, and are listed in order from the heaviest populated areas to the least concentrated in 2009.
A combination of factors, including the credit crisis, all-time record levels of home foreclosures, worsening consumer confidence and growing unemployment account for some of the issues damaging housing prices in the majority of the nation.
 |
| Rank |
Real Estate Market |
2009 Forecast |
| 1. |
New York, NY |
− 29.7% |
| 2. |
Los Angeles, CA |
− 18.2% |
| 3. |
Chicago, IL |
− 12.6% |
| 4. |
Philadelphia, PA |
− 7.2% |
| 5. |
San Francisco, CA |
− 17.6% |
| 6. |
Dallas, TX |
− 9.2% |
| 7. |
Boston, MA |
− 16.8% |
| 8. |
Atlanta, GA |
− 14.3% |
| 9. |
Washington, DC |
− 19.2% |
| 10. |
Houston, TX |
− 9.8% |
| 11. |
Detroit, MI |
− 36.8% |
| 12. |
Phoenix, AZ |
− 21.5% |
| 13. |
Tampa, FL |
− 13.6% |
| 14. |
Seattle, WA |
− 17.4% |
| 15. |
Minneapolis, MN |
− 13.2% |
| 16 |
Miami, FL |
− 24.2% |
| 17. |
Cleveland, OH |
− 10.2% |
| 18. |
Denver, CO |
− 9.7% |
| 19. |
Orlando, FL |
− 16.7% |
| 20. |
Sacramento, CA |
− 15.7% |
| 21. |
St. Louis, MO |
− 11.0% |
| 22. |
Portland, OR |
− 15.8% |
| 23. |
Pittsburgh, PA |
− 6.7% |
| 24. |
Charlotte, NC |
− 13.8% |
| 25. |
Indianapolis, IN |
− 12.4% |

|
|