Risk of Price Drops Increases
Here is an interesting report that studied the risk of home values dropping in various housing markets.
Topping the Risk Index list with a greater than 50 percent chance of experiencing price declines are Boston, MA, San Diego, CA, Long Island (Nassau-Suffolk), NY, Santa Ana, CA, and Oakland, CA.
These types of reports make it more important that your real estate investments are wise ones at this point. Many people who are speculating in hot markets could be in for a big surprise.
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