Five percent of U.S. housing markets are predicted to depreciate in the next year, HousingWire reports.
In the next year, 5% of U.S. markets are predicted to depreciate, with Louisiana holding on to its title as the state with the most depreciating markets, claiming four of the 10 spots on the bottom market list.
Connecticut and Arkansas each contribute two markets to the Bottom 10 markets for home price appreciation, and Illinois adds Danville, a perpetual Bottom 10 finisher.
The Bottom 10 are forecast to depreciate just -1% or -2%. So, while these areas are struggling, it does not signal concern for real estate markets overall.
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