The Wall Street Journal reviews real estate articles from across the US about the top-ranked places to live and where housing prices are falling.
From the findings:
- "June was a "dismal" month for home resales in "The Valley," a region in the metropolitan Phoenix area, according to an article published by The Arizona Republic.
- Homeowners in California's Bay Area saw their homes appreciate 200% in price in the past 15 years, says Contra Costa Times.
- In June, the median selling price in San Diego Country, Calif., had a year-over-year drop of 1%, the first such decline for the county since July 1996, says an article posted by the Los Angeles Times.
- To increase home sales in Massachusetts' weakening housing market, real-estate firm Coldwell Banker Residential Brokerage is coaching agents on a strategy called "drama" or "energy" pricing.
- Prices remain high on Long Beach Island in New Jersey, a second-home destination on the shore.
- Another interesting list on the site is its "Pricey Homes/Home Appreciation" ranking, with Newport Beach, Calif., topping the crew with a median 2005 home-sale price of nearly $1.4 million."
[Editor's note: This article is available to Planetizen readers for a period of 7 days.]
Read the full story: Top-Ranked Places to Live And Where Prices Are Falling
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