Updated about 11 years ago on . Most recent reply
The riskiest housing markets in the U.S.
The real estate rollercoaster ride for U.S. homeowners isn't new. Some markets had even rockier rides in the early 1980s or '90s.
When so much wealth is tied up in one asset, the risk -- or stability -- of a local market can mean a lot to a homeowner. (See “The Hidden Risks in Your Housing Market” for more on this.) Bloomberg.com asked real estate website Zillow.com to help us figure out which U.S. markets have been the riskiest over the last 35 years.
Our measure of risk: Assuming buyers held on to their homes for five years before selling, what was their chance of suffering a loss? As a secondary criterion, we compared the worst annual losses homeowners in these markets have experienced since 1979.
Scroll to the end to see some of the stablest real estate markets, and the methodology used to create the ranking.
- Brie Schmidt
- Podcast Guest on Show #132
Most Popular Reply
Saying something has a zero percent chance of loss is complete and utter nonsense. Even if there is a very small chance, there is still a chance. Top-notch journalism per usual, Yahoo and Bloomberg.