Money Magazine released a list of their estimates for housing prices over the next 12 months for the 100 largest US Metro areas.
Their prognostication for Worcester is a 5.9% drop in price over the next year with a bottom of Q2 in 2010.
The report predicts Providence to fall by an additional 13.2% with a bottom in Q1, 2011.
Other notables:
Cambridge -3.3% Q1 2010
Boston -6.8% Q3 2010
Springfield -7.5% Q3 2010
Hartford -7.6% Q2 2010
Apropos of nothing this report expects Worcester recover faster than and with less severe price drops than all but Cambridge.
Full List Here
1 comment:
you mean I'll be abe to sell my three decker for 350K sometime soon
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