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The 15 Worst Housing Markets For The Next Five Years

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Shreveport, LA

Home prices across the nation are down 33.3 percent since they peaked in the first quarter of 2006, according to latest data from Fiserv Case-Shiller.

But home prices are projected to increase 3.9 percent between now and the first quarter of 2017.

Yesterday we put together a list of the 15 best housing markets for the next five years.

We're following this up with a feature on the 15 housing markets that are projected to see the most declines or slowest growth in home prices.

Note: The median family income and home price data is for Q1 2012. Unemployment data is for May 2012, and population data is for 2011.

Atlantic City-Hammonton, New Jersey

Annualized expected growth from 2012 - 2017: 1.2 percent

The Atlantic City-Hammonton metro area has a median home price of $193,000, above the national median of $159,000. And its home prices are 35.3 percent lower than they were during their peak in the second quarter of 2006.

It has a population of 274,338, an unemployment rate of 12.6 percent, much higher than the national average od 8.2 percent, and a median family income of $64,200 below the national median of $62,900.

Data provided by Fiserv Case Shiller Indexes



Columbia, Missouri

Annualized expected growth from 2012 - 2017: 1.2 percent

Columbia has a median home price of $145,000 and its home prices are down 0.5 percent since their Q1 2008 peak.

It has a population of 175,831, an unemployment rate of 5.1 percent, and a median family income of $63,900.

Data provided by Fiserv Case Shiller Indexes



Shreveport-Bossier City, Louisiana

Annualized expected growth from 2012 - 2017: 1.1 percent

Shreveport-Bossier City has a median home price of $151,000 and the metro's home prices area down 0.9 percent since they peaked in Q3 2010.

It has a population of 403,595, an unemployment rate of 7.2 percent, and a median family income of $54,900.

Data provided by Fiserv Case Shiller Indexes



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