10. Elkhart, IN Despite a lower-than- average unemployment
rate, Elkhart home values are expected to fall Elkharts home values
are still 13% below pre-crash values Projected 1-Year Decline: 0.9%
Public domain
9. Provo, UT Provos home values declined by more than 3% over
the past year, and are expected to continue to do so Provos market
has barely rebounded, and is currently just 8% higher than the 2012
lows Projected 1-Year Decline: 1.0% Michael Duersch
8. Santa Fe, NM Santa Fes home values are just 3% above the
lows If the declines continue, we could see new post-crisis low
prices in Santa Fe Projected 1-Year Decline: 1.1% Wikipedia/
prazak
7. Columbia, MO Columbias home values have declined almost 4%
in the past year The market is ranked just a 1.4 out of 10 on
Zillows health index Projected 1-Year Decline: 1.1% Wikipedia/
csch15
6. Ocean City, NJ Ocean City has an expensive market, with the
average home worth about half a million dollars Superstorm Sandy
has created a difficult housing recovery in the area Projected
1-Year Decline: 1.6% Wikipedia/ Arabsalam
5. Houma, LA Houmas market has rebounded strongly since the
crisis, and may have come too far, too fast The average home value
in Houma is actually more than its pre-crisis peak Projected 1-Year
Decline: 1.8% Wikipedia/ infrogmation
4. Charlottesville, VA Charlottesville actually has a fairly
robust market, with far fewer underwater mortgages and delinquent
homeowners than the U.S. average However, the average listing price
has risen more than 22% in the last 18 months alone, leaving the
market due for a pullback Projected 1-Year Decline: 1.8% Bobak
HaEri
3. Cape Cod, MA Cape Cods home values are still well below the
pre-crisis peak After a strong 2013, home values have already begun
to fall this year Projected 1-Year Decline: 2.0% Flickr/ Phillip
Capper de Wellington
2. Baton Rouge, LA Baton Rouge has a relatively inexpensive
market, with the average home worth $138,400 However, the market
barely budged during the crash, and is now 5% higher than its
pre-crisis peak Projected 1-Year Decline: 2.5% Public domain
1. Kingston, NY Kingston has one of the least healthy real
estate markets in the U.S. 24% of Kingstons homeowners are
underwater on their mortgage Nearly 14% of all mortgages are
currently delinquent in Kingston Projected 1-Year Decline: 2.5%
Daniel Case
