The greater West Palm Beach area recently made national news when Money Magazine published a list of the top home price appreciation areas and projected declines in the next 12 months. Here's the lists:
Where prices will rise:
- Santa Rosa, Calif., 6.0 percent
- Cheyenne, Wyo., 4.7 percent
- Kennewick, Wash., 4.6 percent
- Merced, Calif., 4.4 percent
- Bremerton, Wash., 4.2 percent
- Fairbanks, Alaska, 4.2 percent
- Corvallis, Ore., 4.1 percent
- Tacoma, Wash., 3.9 percent
- Anchorage, Alaska, 3.8 percent
- Bend, Ore., 3.3 percent
Where prices will decline:
- Hanford, Calif., -25.9 percent
- Miami, Fla., -22.5 percent
- Fort Lauderdale, Fla., -21.3 percent
- West Palm Beach, Fla., -18.5 percent
- Phoenix, -18.5 percent
- Las Vegas, -15.4 percent
- Tampa, -13.8 percent
- Pensacola, Fla., -13.6 percent
- Gainesville, Fla., -13.4 percent
- Suffolk, N.Y., -13.4 percent
- New York City, -12.9 percent
Money Magazine (03/20/2010)