Colli Real Estate

Top 5 real estate markets for the increases and decreases

In its 4th quarter 2006, estimates of site ownership information Home trend value for the United States and 75 metropolitan areas. According to data http://Zillow.com, Housing values are down slightly on a year-over-year basis, for the first time in a decade, after years of contribution.

Data value of the house Zillow goes back to 1997 and shows the depreciation rates on housing values% 0.48 years year on year nationally. Depreciation value of the house, each quarter was 4.77%. Zillow assessment rate is based on the value of all houses in an area, including those sold.

Although there is a decrease of over-all growth in housing prices, areas like Seattle and Portland are experiencing a rise in the value of housing in rates Recognition of good. Besides national home values, the report also presents detailed data on market growth and the local lower prices in 75 metropolitan areas. The Zillow report gives detailed data on changes in home value for counties, cities, neighborhoods and zip codes in the United States

The top 5 metro areas with the highest price growth, year after year, are:

1. Lakeland-Winter Haven, Florida, with a satisfaction rate of 25.88%
2. Yuma, Arizona, with a satisfaction rate of 25.66%
3. Myrtle Beach, South Carolina, with a satisfaction rate of 21.24%
4. Flagstaff, Arizona, with a satisfaction rate of 19.02%
5. Ocala, Florida, with a rate of 17.56% of the assessment

The 5 metropolitan areas with the higher value of homes declining, year after year, are following:

1. Panama City, Florida, with a depreciation rate of 11.84%
2. San Luis Obispo-Atascadero-Paso Robles, California, with a depreciation 11.35%
3. Punta Gorda, Florida, with a depreciation rate of 9.23%
4. Sarasota-Bradenton, Florida with a depreciation rate of 8.99%
5. Greenville-Spartanburg-Anderson, South Carolina, with a depreciation rate of 8.73%

The national report Zillow also includes five the most expensive and least expensive metropolitan areas zIndex measured by the indicator value of the house.

The 5 major metropolitan areas are the most expensive are the following:

1. San Francisco-Oakland-San Jose, California, $ 684,459
2. Salinas, California, $ 654,503
3. Santa Barbara-Santa Maria-Lompoc, California, $ 627,323
4. Honolulu, Hawaii, $ 626.452
5. Los Angeles-Riverside-Orange County, California, $ 545,409

The 5 major metropolitan areas that are least expensive are:

1. Davenport-Moline-Rock Island, IA-IL $ 86,201
2. Peoria-Pekin, Illinois, $ 91,984
3. Greenville-Spartanburg-Anderson, South Carolina $ 96,508
4. Tulsa, Oklahoma, $ 97,186
5. Dayton-Springfield, Ohio $ 103.729

Even within these markets, there are segments of the housing, heat and cold of the community. Some seek the services of a local real estate agent who can advise you on the impact of local market conditions the price of houses, condos and other real roots.

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