20 Worst Places to Sell Your House
Hint: California and Florida show up a lot
By John Johnson,  Newser Staff
Posted Sep 4, 2010 7:00 AM CDT
California and Florida have some of the worst regions for home sales.   (AP Photo/Richard Vogel)

(Newser) – It's a rough time in general to sell your home, but some places are (far) worse than others. Richard Florida rounds up the 20 worst for the Daily Beast, with nine of the regions in California and six in Florida. Here are the top 5:

  1. Riverside-San Bernardino-Ontario, Calif: One of the nation's largest neighborhoods with negative equity.

  1. Las Vegas-Paradise, Nev.: The homeless population is booming because of the foreclosure rate.
  2. Orlando-Kissimmee-Sanford, Fla.: Home prices have dropped by 50% since 2006.
  3. Phoenix-Mesa-Glendale, Ariz.: Qualified for $125 million from government's Hardest-Hit Housing Markets Fund.
  4. Sacramento-Arden-Arcade-Roseville, Calif.: A triple whammy of "negative equity, bad credit ratings, and joblessness."
Click here for the full list.

 

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