Hot or not? Housing markets across America

Washington, Utah cities still seeing growth as California, Florida fade

The nation's hottest housing markets include cities in Washington, Utah and Texas, according to second-quarter government figures.
Rank Metro area One-year gain Five-year gain
1. Wenatchee, Wash. 23.5% 79.2%
2. Provo-Orem, Utah 18.2% 49.3%
3. Salt Lake City, Utah 16% 58.2%
4. Ogden, Utah 15.2% 40.4%
5. Grand Junction, Colo. 14.3% 65.2%
6. Longview, Wash. 13.6% 59.2%
7. El Paso, Texas 12.5% 55.4%
8. Salem, Ore. 12% 58.5%
9. Mobile, Ala. 11.3% 44.6%
10. Asheville, N.C. 10.9% 55.5%
11. Austin, Texas 10.8% 29.6%
12. Lynchburg, Va. 10.6% 48.2%
13. Beaumont, Texas 10.6% 32.5%
14. Gulfport-Biloxi, Miss. 10% 53.4%
15. Myrtle Beach, S.C. 10% 68.6%
16. Scranton, Pa. 9.9% 42.2%
17. Seattle 9.9% 66.8%
18. San Antonio, Texas 9.6% 39.7%
19. Tacoma, Wash. 9.3% 75.6%
20. Spokane, Wash. 9.3% 68.5%


Source: Office of Federal Housing Enterprise Oversight. Updated August 2007, with data as of second quarter.


Once-booming California and Florida dominate the list of places where housing prices are broadly falling, according to second-quarter federal data.
Rank Metro area One-year change Five-year change
287. Merced, Calif. -8.65% 89.3%
286. Santa Barbara, Calif. -8.1% 69.2%
285. Stockton, Calif. -7.2% 78%
284. Punta Gorda, Fla. -7.1% 85%
283. Salinas, Calif. -6.9% 80.7%
282. Modesto, Calif. -6.5% 84.6%
281. Yuba City, Calif. -6.3% 88%
280. Sarasota, Fla. -6.2% 87.9%
279. Sacramento, Calif. -6.1% 69.6%
278. Reno, Nev. -5.4% 79.2%
277. Santa Rosa, Calif. -5.3% 54.1%
276 Cape Coral, Fla. -5.3% 97.6%
275. Palm Bay, Fla. -4.6% 97.3%
274. Port St. Lucie, Fla. -4.6% 99.5%
273. Santa Cruz, Calif. -4.6% 51.6%
272. W. Palm Beach -4.5% 100.3%
271. San Luis Obispo, Calif. -4.4% 64%
270. Oxnard, Calif. -4.3% 86.2%
269. Vallejo, Calif. -4.2% 73.6%
268. Bay City, Mich. -4.2% 9.6%


Source: U.S. Office of Federal Housing Enterprise Oversight. Updated August 2007 with second-quarter data.