Great find. Interesting article, although they even admit that they're numbers are a little inflated because they based the ownership cost on 100% financing. The top two, Detroit and Pittsburgh, weren't surprising. Neither were Cleveland and Dayton. I was a little surprised to see Tampa and Orlando so high. I didn't realize prices had dropped so much down there in the Sunshine State.
MichaelC
Aug 26 2009, 10:51 AM
Good read. Thanks for sharing.
QUOTE
I didn't realize prices had dropped so much down there in the Sunshine State.
Oh, yeah. Big time implosion down here. Unofficially, I'd estimate my area has dropped around 40% from peak prices.
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