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Category Archives: Florida

And the Award for “Largest Decrease in Home Values” goes to…

Here are the 10 top cities for decreasing property values (as compared to a year ago):

Sacramento, CA (-18.5%)
Las Vegas, Nev. (-17.2%)
San Diego, Calif. (-17.1%)
Tampa, Fla. (-11.7%)
Los Angeles, Calif. (-10.7%)
Miami, Fla. (-10.6%)
Phoenix, Ariz. (-9.5%)
Jacksonville, Fla. (-8.7%)
Detroit, Mich. (-7.7%)
Atlanta, GA (-7.1%)

Click here for the full slideshow from Forbes…
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Recession Looming for California and Florida due to a Declining Real Estate Market

Though the “R” word has been on the tip of everyone’s tounge for the nation, today MSN posted an article stating that both California and Florida (two of our largest US economies) are pratically in a recession. The primary factory is contributed to the continuing declines in both the number of home sales and sale [...]