OCALA, Fla., April 5, 2017 /PRNewswire/ -- "Nearly 1/5th of all major US real estate markets are now in 'real' decline on a year-over-year basis, when you adjust for inflation," according to Ken Wade, CEO of HousingAlerts.com
Here's the latest list of the 69 declining markets:
This 'loser' list keeps growing every quarter, according to Wade. In fact, it is now the longest it's been since the crash. And, it gets much worse:
On a Quarter-over-Quarter basis, 199 out of 403 markets (49.4%) are falling.
"You've got to keep your eye on each local market, especially now; real estate isn't stable like it was back in the good 'ol days," warns Wade.
"This new age of volatility creates lots of upside if you're in the know; lots of market 'ambushes' and sucker-punches if you're clueless."
Besides this list of major markets in decline – Wade has also prepared a screen shot of his hi-tech "Advance-Decline (A-D) Indicator" confirming the overall bull market in real estate is coming to an end:
It's clear from the above you now need to be far more discerning where and when you invest. The markets are changing fast; all investors now need to regularly scrutinize their local markets much closer.
HousingAlerts.com simplifies this process by ranking and scoring hundreds of local U.S. real estate markets using easy-to-understand visual indicator systems including color-coded maps, red-yellow-green indicators and a suite of other tools.
To find out more (including the health of your markets), please visit https://www.HousingAlerts.com
Ken Wade is a C.P.A. with an M.B.A. from the Harvard Business School and veteran investor. HousingAlerts.com has been providing actionable, proven local real estate market analytics for investors, builders, brokers, lenders and homeowners nationwide since 2006.
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