This does not necessarily mean it is a bad idea to buy in these areas.
But potential buyers and investors will not likely see price appreciation driving equity growth.
Although Hale has not projected that prices will decrease in these markets they certainly could.
1. Allentown-Bethlehem-Easton (PA): +73.8%.
2. Knoxville, Tennessee: +62.7%.
3. Cape Coral and Fort Myers, Florida: +62.6%.
4. Boise City, Idaho: +59%.
5. Portland and South Portland, Maine: +57.6%.
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