As the year comes to a close, Pro Teck Valuation Services’ latest home value forecast of the top 10 best and 10 worst performing metros ended the year on the same note, fluctuating little over the year.
The rankings are based on a number of leading real estate market indicators, including: Sales/listing activity and prices, months of remaining inventory, days on market, sold-to-list price ratio and foreclosure and REO activity.
Pro Teck measures Core Based Statistical Areas which consist of the county or counties with a substantial population, along with adjacent commuter communities. It refers collectively to metropolitan statistical areas and micropolitan statistical areas.
This month’s Bottom 10 CBSAs include:
Fort Lauderdale-Pompano Beach-Deerfield Beach, Florida
Huntington-Ashland, West Virginia-Kentucky-Ohio
Lake County-Kenosha County, Illinois-Wisconsin
Lake Havasu City-Kingman, Arizona
Milwaukee-Waukesha-West Allis, Wisconsin
Atlantic City-Hammonton, New Jersey
Jacksonville, North Carolina.