Tuesday, November 20, 2007

Housing pain is worst out west

Not all housing woes are created equally. A nationwide real estate analysis shows housing prices in 17 states depreciated over the past 12 months. But most states continued to report modest appreciation. Five states, from Maine to Wyoming showed prices appreciating 5 to 10 percent. And Hawaii topped 10 percent, with Honolulu up nearly 15 percent. Bottom line? Tampa Bay's housing market lost 7.65 percent of its appreciation in the past year. But Florida is not the hardest hit of the states. California lost at least 10 percent of its housing appreciation in the past year, according to an index from First American LoanPerformance of San Francisco.

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