• Stock Investing Blog
• Trading Options
• Forex Trading
• Options Trading
• Stock Market Basics
• Fund Information
• Investor Definitions
• Stock Market Forums

• Stephen Cooper
• Easyonlinepaydayloan

Home >> Stock Forums >> First American Core Logic releases foreclosure estimate ranks

First American Core Logic releases foreclosure estimate ranks

DStewart said: "Basically, what First American Core Logic does is rank cities on their likelyhood of foreclosures. It is based on job growth and loss, fraud, etc. Rank City Annualized Home Price Appreciation 1 Bakersfield CA -16.9% 2 Stockton CA -18.7% 3 Fresno CA -16.2% 4 Warren MI -7.1% 5 Grand Rapids MI -5.8% 6 Riverside CA -16.8% 7 Sacramento CA -15.1% 8 Detroit MI -0.8 9 McAllen TX 2.6% 10 Youngstown OH -9.6% Looks like it might be a buyer's market in California and Michigan this coming year."

FirefighterB said: "California - yes. MI, no. And, I wouldn't say this year. Perhaps 2009-2010. IMHO, Michigan (and Ohio, too) is a dying state with a dying economy and the weather sucks for a good portion of the year. These factors are not going to drive the numbers of people to consider living in MI that would consider living in CA and, if anything, will drive people from the state. We haven't seen the end of auto/supplier plant closures, which will further ravage the Rust Belt. CA, however, is, to most, a very desirable place to live and has a great climate. It will continue to be a desirable destination of people from the Midwest."

Aligator said: "[QUOTE=DStewart;62981] Looks like it might be a buyer's market in California and Michigan this coming year.[/QUOTE] Warren and Detroit are the same area. In my opinion they will not be a buyer's market within any forseeable future. Property will be cheaper next year, all right. Then cheaper again in 2010.....and 2011....."

lil dickie said: "The MidWest will probably never have much demand. I mean the g-dam weather is 3 degrees. :roll:"

Airelon said: "I wouldn't live in California for all the money in the world. I cannot stand, [i]cannot stand[/i] that blond haired Californian personality. I was near it for a few hours last fall, and I wanted to scream. It has to be one of the [i]least[/i] desirable places to live in the universe. Michigan, on the other hand? Oh yeah. Climate can be a bit cold in February, but other than that? It has just about everything. Hunting, skiing, lakes, you name it. As far as the economy? Detroit is where Pittsburgh was about 15 years ago. The auto industry isn't leaving. It's already left. There is a shadow of what was the auto industry left here in anymore. But any economy hates a vacuum. Therefore, other industries have started moving in. It'll build back up, just like Pittsburgh did. I'll probably be buying rental homes in another year, if I can stand the headache. Prices are just about deflated to my target level."

pranith said: "Thats great I think with this we can identify the best and unfraud city in the US. Thanks for providing this informatiom."

sr106 said: "i got here nice inforamtion.... i think property will get cheaper in the coming years...."