Markets are fluid.  Sometimes they go up, sometimes they go down.  We have learned over the past five years that when a market goes up significantly most likely they will be headed down very soon.

According to FHFA.gov here are the hottest real estate markets in the country:

  1. Bismarck, ND  6.09%
  2. Blacksburg-Christiansburg-Radford, VA  1.79%
  3. Florence-Muscle Shoals, AL  1.69%
  4. Honolulu, HI  1.67%
  5. Springfield, IL  1.52%
  6. State College, PA  1.35%
  7. Waterloo-Cedar Falls, IA  1.23%
  8. Charleston, WV  1.23%
  9. Lincoln, NE  1.13%
  10. Fayetteville, NC  1.1%
  11. Sioux Falls, SD  0.97%
  12. Owensboro, KY  0.8%
  13. Buffalo-Niagara Falls, NY  0.58%
  14. Fargo, ND-MN  0.51%
  15. Pittsburgh, PA  0.49%
  16. Anchorage, AK  0.48%
  17. Fort Smith, AR-OK  0.45%
  18. Kennewick-Pasco-Richland, WA  0.26%
  19. San Antonio-New Braunfels, TX  0.24%
  20. Greeley, CO  0.17%

Note: Boulder County ranks 81st at -2.17%

Here are the bottom 20 areas that have had the worst home price depreciation over the past year:

  1. Boise City-Nampa, ID  -16.13%
  2. Las Vegas-Paradise, NV  -15.98%
  3. Phoenix-Mesa-Glendale, AZ  -14.98%
  4. Punta Gorda, FL  -13.97%
  5. Medford, OR  -13.51%
  6. Prescott, AZ  -12.94%
  7. St. George, UT  -12.41%
  8. Redding, CA  -12.36%
  9. Gainesville, GA  -12.23%
  10. Coeur d’Alene, ID  -12.11%
  11. Hagerstown-Martinsburg, MD-WV  -11.87%
  12. Lakeland-Winter Haven, FL -11.76%
  13. West Palm Beach-Boca Raton-Boynton Beach, FL (MSAD)  -11.61%
  14. Tucson, AZ -11.34%
  15. Ocala, FL -11.14%
  16. Yuma, AZ  -10.98%
  17. Palm Bay-Melbourne-Titusville, FL  -10.71%
  18. Reno-Sparks, NV  -10.70%
  19. Orlando-Kissimmee-Sanford, FL  -10.70%
  20. Deltona-Daytona Beach-Ormond Beach, FL  -10.44%
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