The areas of California, Nevada, Arizona and Florida continue to experience an accelerated weakness since the last report. California and Nevada saw price declines of more than 8%.
Within California the weakest areas continue to be:
Merced, Stockton and Modesto have shown the sharpest depreciation for the same period reported last year of above -21% or greater. Home prices in this list of areas will continue
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Associated with Rushing Real Estate.
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Thanks for the update on the market.
Good info.