Riskiest Real Estate Markets

Here’s one Forbes list I’m glad Knoxille didn’t make it onto: America’s 10 Riskiest Real Estate Markets. The 10 unfortunate winners are:

1. Detroit, MI
2. Orlando, FL
3. Cleveland, OH
4. St. Louis, MO
5. Miami, FL
6. Las Vegas, NV
7. Sacramento, CA
8. Denver, CO
9. Tampa, FL
10. Phoenix, AZ

How risky are these markets? This quote from Forbes.com says it all:

There’s roulette and there’s skydiving. Then there’s investing in Detroit and Cleveland real estate.

Ouch.

Repeat after me: there’s no place like Knoxville!

Tags: Mortgage Meltdown

Author: Suzy

Hard working Knoxville real estate agent by day. Intrepid Knoxville real estate blogger by night.