The 10 Riskiest Real Estate Markets in America
By Colleen Kulikowski | April 5th, 2008 | Category: Area Information, Real Estate Investors |Good news !
We did not make this list of communities that are risky as regards to the Real Estate market. A rash of sub-prime loans and adjustable rate mortgages still makes a housing market dicey, but even more risky are cities where job growth is lagging, transaction volume continues to plunge and unsold homes are piling up.
The list includes:
- 10. Phoenix, AZ
- 9. Tampa, FL
- 8. Denver, CO
- 7. Sacramento, CA
- 6. Las Vegas, NV
- 5. Miami, FL
- 4. St. Louis, MO
- 3. Cleveland, OH
- 2. Orlando, FL
- 1. Detroit, MI
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