California Business Minute™

Hi, I am Tim Johnson and welcome to the California Business Minute.

The real estate and mortgage firm Zwillow.com has released its Home Value
Index on a defined number of metro areas in the nation, examining year–over-
year home values from March 2009 to March 2010.

The following identifies the Top Ten Lowest Performing Markets for home values
by percentages that they reported on the metro areas they analyzed during this
time period based.

1. Detroit               -18.8%
2. Las Vegas         -18.2%
3. Phoenix             -13.9%
4. Tampa               -12.1%
5.  Miami               -  9.8%
6. Chicago             -  9.1%
7. Riverside, CA      -  8.3%
8. Portland, OR       -  6.9%
9.  St. Louis            -  6.8%
10. Atlanta              -  6.4%

The US average was -3.8%

Zwillow.com also reported that the following information on other metro areas in
California:

San Diego                3.7%
San Francisco          3.4%
Los Angeles             3.3%
Ventura                    2.9%
Santa Barbara          2.6%
San Jose                -0.2%

I am Tim Johnson and this has been the California Business Minute.