10 Best And 10 Worst Housing Markets

Forbes has put together a list of the best and worst housing markets in the U.S. Think every market is dropping? Apparently not. Salt Lake City, you’re doing just fine. So far. Overall, the picture isn’t as rosy:

Home prices fell in more than one-third of US cities last quarter as stricter lending standards caused a 14 percent decline in sales nationwide.

Prices dropped in 54 of 150 metropolitan areas in the third quarter, and the median sales price tumbled 2 percent nationwide, the National Association of Realtors said yesterday.

Oh well.

10 Best Housing Markets:

1. Salt Lake CIty
2. Charlotte, N.C.
3. San Jose, Calif.
4. San Francisco
5. Raleigh, N.C.
6. Austin
7. Pittsburgh
8. Seattle
9. San Antonio
10. Portland, Ore.

10 Worst Housing Markets:

1. Sacramento, Calif.
2. New Orleans
3. Riverside-San Bernardino, Calif.
4. Detroit
5. Las Vegas
6. Tampa, Fla.
7. Miami
8. Cleveland
9. Phoenix
10. Jacksonville, Fla.

Best And Worst U.S. Housing Markets [Forbes]
Home sales, prices decline nationwide [Boston Globe]