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Real Estate Value Zones

Is there such a thing as zones around the country where real estate values are increasing, while other areas the real estate is in decline?

Ever sit around and wonder what part of the country might be the best to purchase your next home? If you could choose between Los Angeles and Miami, what would be the determining factors which might sway your decision from one coast to the other? 

Well, wonder no more because Fortune has done their homework, and determined a rating system where you can easily access projected future property values and select a nice locale for your next property investment.

In their recently published Real estate survival guide: Welcome to the dead zone a team of authors canvas the U.S., researching the facts, and doing their best to explain what has happened to the real estate market over the last few years.  They explain the dynamics which caused the huge run up in real estate values, and layout what the futue may have in store:

“One likely scenario is that housing prices would drop 10 percent to 15 percent in the bubble zone over the next 12 months, then remain flat for maybe four more years while incomes catch up.

But there’s another possibility. For the past few years the housing boom has driven the economy, adding jobs in construction, remodeling, and real estate services. And consumers gorged on the equity in their homes, taking out a total of $2 trillion via loans, refinancings, and sales over the past five years.

If corporate spending or some other force doesn’t come along to pick up the slack, we could go into a recession that would cut income growth to zero. Then inflated housing prices would have to shoulder the entire, wrenching adjustment, falling 30 percent or more over several years.”

The Fortune article breaks down the geographical locations of different zones using cute little “house” icons which direct you to cities around the USA that are catagorized into “zones”.

The (3) zones are:

Dead Zone: Boston, Las Vegas, Miami, Washington D.C./Northern Virginia, Phoenix, Sacramento, San Diego

Danger Zone: Chicago, Los Angeles, New York, San Francisco/Oakland Seattle

Safe Haven: Cleveland, Colombus, Dallas, Houston, Kansas City, Omaha, Pittsburgh

Difficult to report that Miami is in the Dead Zone; however, there are numereous explanations why real estate is in decline and the reality is, prices are dropping and it’s becoming a buyers market.

Who really cares about Cleveland being a safe haven, and I’m not moving to Omaha if they give me a free house.

By Jim Jump To Comments
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2 Responses to "Real Estate Value Zones"

    Ron Ashmore says:

    I’ve been watching the aking price for condominiums in the Ventura Countyt, CA and areas of Los Angeles County drop $75-100K over the last four months.My wife and I have been waiting to make our next purchase, in hopes that homes will follow suite. People here don’t make enough money to continue these high mortgages!
    I believe we’re all being conned by the “Realtor Greed” that drove these prices up in the first place!
    After all, we are at their mercy, when it comes to marketing homes beyond their value.


    Posted on 01/21 at 12:33 PM
    Lofts says:

    Zone Real Estate is among the leading real estate agencies in Malta. We pride ourselves in providing our clients with consistent service and support at all times. Apart from that, our mission is to provide our clients with best possible property solution using local real estate expertise and experience. In our company quality of service is fundamental. We base our strength on the structure of a hands-on operation by the Directors and Management of the Company, complimented by a knowledgeable, enthusiastic and always ready to assist sales force. Our extensive database of Malta properties and up-to date I.T. solutions guarantee superior service for our clients. From our strategically based offices in Sliema, we will ensure added value in competitive and fast-moving market of property in Malta. Finally, may we invite you to share with us a partnership that will eventually benefit all those concerned.


    Posted on 01/17 at 4:03 AM

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