Home Value Projections for 2012

Wondering what home values have in store for 2012? BusinessWeek dove in head first with the research group Fiserv to analyze some historic data and offer some projections. Below are some results from their research in some major US markets.

Metro:
Los Angeles-Long Beach-Glendale
Projected Median Home Price: $253,328
Projected Price Change from 4th Quater 2008: -27.6%

Metro:
Houston-Sugar Land-Baytown
Projected Median Home Price: $160,471
Projected Price Change from 4th Quater 2008: +.03%


Metro:
New York-White Plains-Wayne (NY & NJ)
Projected Median Home Price: $343,937
Projected Price Change from 4th Quater 2008: -21.8%

Metro:
Tampa-St. Petersburg-Clearwater
Projected Median Home Price: $166,000
Projected Price Change from 4th Quater 2008: -28.1%

Metro:
Chicago-Naperville-Joliet
Projected Median Home Price: $248,136
Projected Price Change from 4th Quater 2008: +0.5%

Metro:
Philadelphia
Projected Median Home Price: $171,347
Projected Price Change from 4th Quater 2008: -12.1%


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