10 worst real-estate markets for 2009 - GoFuckYourself.com

Barefootsies · 12-23-2008, 10:56 AM

10 worst real-estate markets for 2009
The housing market hasn't bottomed out yet. For the third quarter, the closely-watched S&P Case-Shiller national home-price index fell 16.6%, and experts are predicting further declines. Of the top 100 markets, here are 10 with the worst forecasts.

1, Los Angeles, California
2. Stockton, California
3. Riverside, California
4. Miami, Florida
5. Sacramento, California
6. Santa-Ana, Anaheim California
7. Fresno, California
8. San Diego, California
9. Bakersfield, California
10. Washington, D.C.

http://money.cnn.com/galleries/2008/...une/index.html

JFK · 12-23-2008, 11:07 AM

I read that article as well, they anticipate a further 27% drop in the miami area for next year

Barefootsies · 12-23-2008, 11:13 AM

Quote:

Originally Posted by JFK

I read that article as well, they anticipate a further 27% drop in the miami area for next year

Yep. Actually from the looks of it, by 2010 I may wanna be looking for some real estate over in Cali.

96ukssob · 12-23-2008, 11:15 AM

seems like California is not the place to buy a house right now eh

seriously tho, im hoping prices come down to an almost normal price in LA, it would be nice to own a condo for less than $600k

munki · 12-23-2008, 11:16 AM

Noice to see Orange County representing again... lol...

I think technically we stopped counting anaheim and santa ana as ours a long time ago.

Barefootsies · 12-23-2008, 11:19 AM

Quote:

Originally Posted by bossku69

seems like California is not the place to buy a house right now eh

seriously tho, im hoping prices come down to an almost normal price in LA, it would be nice to own a condo for less than $600k

True dat.

Hopepfully the housing out there gets back to reasonable prices. I am sure it will still be higher than the midwest, but something under a half mil for a decent place bigger than a bread box would be nice.

OG LennyT · 12-23-2008, 11:52 AM

You can pick up a 6-8 yr old, 3000+ sq ft home in Buckeye, AZ right now for 70-80k

Strickie · 12-23-2008, 11:56 AM

Quote:

Originally Posted by OG LennyT

You can pick up a 6-8 yr old, 3000+ sq ft home in Buckeye, AZ right now for 70-80k

Wow, I didn't know the price was that low.

Barefootsies · 12-23-2008, 12:15 PM

Quote:

Originally Posted by OG LennyT

You can pick up a 6-8 yr old, 3000+ sq ft home in Buckeye, AZ right now for 70-80k

Fucking A!

Jimmy Gunn was busting my balls for picking up a 2000 sq foot, 4 BR, 2 BATH here in MI for $85k.

~Ray · 12-23-2008, 01:00 PM

if prices keep going down, I'm moving back to San Diego

CyberAgeGary · 12-23-2008, 01:02 PM

Hard to believe Vegas and Phoenix are not on that list.

Persius · 12-23-2008, 01:05 PM

Nice thread, sucks for la home owners

hypedough · 12-23-2008, 01:07 PM

How wonderful to be in the epicenter of a horrible real estate decline.

munki · 12-23-2008, 01:07 PM

Fuck around here... homes going for a mil 1-2 years ago are lucky to get 500k... gnarly...

SoloGirlsContent · 12-23-2008, 01:08 PM

Quote:

Originally Posted by CyberAgeGary

Hard to believe Vegas and Phoenix are not on that list.

no shit..Las Vegas is suuuucckkking

lazycash · 12-23-2008, 01:53 PM

Quote:

Originally Posted by CyberAgeGary

Hard to believe Vegas and Phoenix are not on that list.

I was thinking the same thing, expecting Phoenix to be right near the top. Maybe they are anticipating a turnaround the second half of 09.

MetaMan · 12-23-2008, 02:03 PM

what are some good american real estate sites?

MetaMan · 12-23-2008, 02:06 PM

holy fuck you can pick up a 5 bedroom home with a pool in phoenix for around $220k is this serious?

tony286 · 12-23-2008, 02:14 PM

damn that sucks for the people that own there.

mikesouth · 12-23-2008, 03:35 PM

imagine all everyone had the most overpriced real estate in the country....go figger

OG LennyT · 12-23-2008, 03:37 PM

Quote:

Originally Posted by MetaMan

holy fuck you can pick up a 5 bedroom home with a pool in phoenix for around $220k is this serious?

absolutely

potter · 12-23-2008, 04:01 PM

Was just browsing around on yahoo real estate. I could pick up a 4b/4b 1,800 - 2,300 sqft house in Highlands Ranch CO (ritzy area) for $200k.

Man I hope this shit stays like this for just a couple more years.

rhon23 · 12-23-2008, 04:06 PM

Quote:

Originally Posted by munki

I think technically we stopped counting anaheim and santa ana as ours a long time ago.

It's ok you can keep em we don't want.

Quagmire · 12-23-2008, 06:17 PM

I was shocked at the prices and all the billboards trying to sell condos in Miami way back in August. Makes me wonder what the prices are like right now. I am very tempted to pick up some property down there in the coming months.

AK · 12-23-2008, 06:30 PM

So... I just moved from LA to Stockton... woo hoo... i moved down on the list... LOL

MetaMan · 12-23-2008, 06:36 PM

Quote:

Originally Posted by Quagmire

I was shocked at the prices and all the billboards trying to sell condos in Miami way back in August. Makes me wonder what the prices are like right now. I am very tempted to pick up some property down there in the coming months.

i was watching some real estate show (i cant recall the name) and they were in miami talking to "condo vultures" who come in and bargain low with condo sellers trying to take advantage of the situation.

One guy bought his condo for 2.2mill and about 1-2 years later was trying to sell for $999,999 OUCH.

they were talkin about how they would throw "condo buying parties" and hire fake paparazzi and have champagne and make the people coming to buy the condo feel like a celeb.

12-23-2008, 10:56 AM	#1
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	10 worst real-estate markets for 2009 10 worst real-estate markets for 2009 The housing market hasn't bottomed out yet. For the third quarter, the closely-watched S&P Case-Shiller national home-price index fell 16.6%, and experts are predicting further declines. Of the top 100 markets, here are 10 with the worst forecasts. 1, Los Angeles, California 2. Stockton, California 3. Riverside, California 4. Miami, Florida 5. Sacramento, California 6. Santa-Ana, Anaheim California 7. Fresno, California 8. San Diego, California 9. Bakersfield, California 10. Washington, D.C. http://money.cnn.com/galleries/2008/...une/index.html __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

12-23-2008, 11:07 AM	#2
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,374	I read that article as well, they anticipate a further 27% drop in the miami area for next year __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com

12-23-2008, 11:15 AM	#4
96ukssob So Fucking Banananananas Industry Role: Join Date: Mar 2003 Location: If I was in your ass you'd know it Posts: 12,991	seems like California is not the place to buy a house right now eh seriously tho, im hoping prices come down to an almost normal price in LA, it would be nice to own a condo for less than $600k __________________ Email: Clicky on Me

12-23-2008, 11:16 AM	#5
munki Do Fun Shit. Industry Role: Join Date: Dec 2004 Location: OC Posts: 13,393	Noice to see Orange County representing again... lol... I think technically we stopped counting anaheim and santa ana as ours a long time ago. __________________ “I have the simplest tastes. I am always satisfied with the best.” -Oscar Wilde

12-23-2008, 11:52 AM	#7
OG LennyT Wall Street Pimp Industry Role: Join Date: Jun 2003 Location: Phoenix, AZ Posts: 14,345	You can pick up a 6-8 yr old, 3000+ sq ft home in Buckeye, AZ right now for 70-80k __________________ Tradeking - my online broker \| 4.95 a trade \| make real $$

12-23-2008, 01:00 PM	#10
~Ray visit hardlinks.org Industry Role: Join Date: Jun 2003 Location: Las Vegas , Nv >>> [email protected] or icq 94994627 anytime Posts: 18,362	if prices keep going down, I'm moving back to San Diego __________________ Adult Backlinks for Adult Websites - Testimonials Available

12-23-2008, 01:02 PM	#11
CyberAgeGary Confirmed User Join Date: Jul 2004 Location: Los Angeles Posts: 2,869	Hard to believe Vegas and Phoenix are not on that list. __________________ 13 solid years strong. http://www.CyberAge.com-http://www.CyberSexNetwork.com http://www.UGAS.com-http://www.NastyCash.com. Tri-Tech Internet Services. We are here for you! Email For Info

12-23-2008, 01:05 PM	#12
Persius Tap into MOBILE! Industry Role: Join Date: Jul 2003 Location: Hollywood Posts: 11,779	Nice thread, sucks for la home owners

12-23-2008, 01:07 PM	#13
hypedough Confirmed User Join Date: Sep 2007 Location: Now running NATS4: HypeDough.com! Posts: 3,743	How wonderful to be in the epicenter of a horrible real estate decline. __________________ Ricky D :: Hype Dough President \| XBIZ.net \| ICQ 172-939-826 AIM+Skype HypeDough \| [NATS4] Kayden420: ['09 '10 '11 XBIZ Nominee \| Exclusive & HD] \| ThePornScout: [Exclusive + Reality \| Amateurs Want to Become Pornstars]

12-23-2008, 02:03 PM	#17
MetaMan I AM WEB 2.0 Industry Role: Join Date: Jan 2003 Posts: 28,682	what are some good american real estate sites?

12-23-2008, 02:06 PM	#18
MetaMan I AM WEB 2.0 Industry Role: Join Date: Jan 2003 Posts: 28,682	holy fuck you can pick up a 5 bedroom home with a pool in phoenix for around $220k is this serious?

12-23-2008, 02:14 PM	#19
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	damn that sucks for the people that own there.

12-23-2008, 03:35 PM	#20
mikesouth Confirmed User Industry Role: Join Date: Jun 2003 Location: My High Horse Posts: 6,334	imagine all everyone had the most overpriced real estate in the country....go figger __________________ Mike South It's No wonder I took up drugs and alcohol, it's the only way I could dumb myself down enough to cope with the morons in this biz.

12-23-2008, 04:01 PM	#22
potter Confirmed User Industry Role: Join Date: Dec 2004 Location: Denver Posts: 6,559	Was just browsing around on yahoo real estate. I could pick up a 4b/4b 1,800 - 2,300 sqft house in Highlands Ranch CO (ritzy area) for $200k. Man I hope this shit stays like this for just a couple more years. __________________

12-23-2008, 06:17 PM	#24
Quagmire Confirmed User Join Date: Jul 2005 Location: Stinkin' up your bathroom Posts: 6,490	I was shocked at the prices and all the billboards trying to sell condos in Miami way back in August. Makes me wonder what the prices are like right now. I am very tempted to pick up some property down there in the coming months. __________________

12-23-2008, 06:30 PM	#25
AK MadZuma Industry Role: Join Date: Nov 2003 Location: California Posts: 6,436	So... I just moved from LA to Stockton... woo hoo... i moved down on the list... LOL __________________ Alfonsus Kusuma (AK) ak at madzuma.com skype me - alfonsus.com