Monday, February 13, 2006

What Goes Up, Must Come...Down by 3.8%?

According to the latest housing price forecasts from Fiserv Lending Solutions, a provider of mortgage and consumer lending services, the median home price for the Sacramento housing market is predicted to decline by 3.8% in 2006. That is the 8th worst on a list of 379 metro areas. Other Central Valley metros with negative 2006 forecasts include:

  • #5 Stockton: -4.2%
  • #11 Merced: -3.4%
  • #15 Modesto: -3.2%
  • #24 Fresno: -2.3%
  • #26 Bakersfield: -2.3%
  • #32 Hanford-Corcoran: -2%
  • #33 Chico: -2%
  • #40 Visalia-Porterville: -1.1%

1 comment:

arizonadude said...

Just the beginning of the correction but who knows how long it will last.