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Home Price Plateau Possible in Areas Where Wages Can’t Keep Up – Those areas where price appreciation was most out of sync with wages growth included Merced, California (141:1), Memphis, Tennessee (99:1), Santa Cruz, California (94:1), Augusta, Georgia (78:1), and.

All States Moving Toward Housing Market Stability Freddie Mac says – Freddie Mac looks at home purchase applications, payment-to-income ratios (changes in home purchasing power based on house prices, mortgage rates and household. Cape Coral (+17.75%), Tampa (+15.99%.

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This is 17 percent of all U.S. properties with a mortgage. In the fourth quarter. The metro areas with high levels of negative equity were Las Vegas (37 percent), Lakeland, Florida., (36 percent),

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