ORLANDO, Fla., August 2, 2008 — Today eppraisal.com (http://www.eppraisal.com) released their National Market Analysis Report for the three months ending June 2008. Of the 191 market areas tracked across the U.S., 38.2 percent show a decline in home values, which is down from 46.8 percent from the previous three months (and 65.8 percent prior to that).

California led the decline as 34 percent of the areas that saw decreases in home values were in The Golden State. Not surprisingly, over 89 percent of the areas in California tracked by eppraisal.com saw declining home values. At the bottom of the list is Salinas, CA, with a double-digit decline to a median sales price of $350,000, which is a 17.6 percent decline from the prior three months. Only three California areas saw positive appreciation in home values: Chico, Redding, and the greater San Francisco/San Mateo area. Chico, CA, jumped 8.8 percent to $248,000, Redding, CA, increased by 4.4 percent to $235,000, and the San Francisco area increased by 2.7 percent to a median sale price of $837,000.

Florida, on the other hand, continues its slow recovery with 55 percent of the areas seeing an increase in the median sales price as compared to the previous three months. Gainesville, FL, lead the increase with a 13.1 percent increase to $189,500 followed by Jacksonville, FL, which increased by 6.3 percent to $185,000. None of the areas tracked by eppraisal.com in Florida saw a double-digit decline with the Sebastian/Vero Beach, FL, area seeing the biggest drop with a 5.2 percent decrease in the median sales price.

Other states showing reasonable gains in home values include Ohio, Michigan, and the Carolinas. In Ohio, both Springfield and Dayton again saw double digit increases in median values. Springfield increased by 17.2 percent to $85,000, and Dayton increased by 15 percent to $103,500. In Lansing, Michigan, median values increased by 19.6 percent to $105,000, and the Niles-Benton Harbor area saw a substantial increase of 28.2 percent to a median value of $116,000. In the Carolinas, Fayetteville, NC, increased by 5 percent to $136,000, and Spartanburg, SC, saw a 25.9 percent increase in home values to $99,900.

See a complete list of national real estate market rankings.

ORLANDO, Fla., July 2, 2008 — Today eppraisal.com (http://www.eppraisal.com) released their National Market Analysis Report for the three months ending May 2008. Of the 188 market areas tracked across the U.S., 46.8 percent show a decline in home values, which is down from 65.8 percent from the previous three months.

California and Florida continue to lead the decline. In both states over 60 percent of the areas tracked by eppraisal.com saw a decrease in home values. Merced, CA, continues to lead the list with a double-digit decline to $183,000, which is a 17.8 percent decline. Cape Coral-Fort Myers, FL, was at the bottom of Florida’s list with a 7.5 percent decline in home values to $185,000.

There is a bright side for Florida and California. For the first time this year, none of the areas tracked in Florida saw a double digit decline. Furthermore, certain areas within California and Florida continue to see increases. Gainesville, FL, for example increased by 14.5 percent to a median home value of $186,000. In California, El Centro had a 13.2 percent increase to $240,000.

Other states showing reasonable gains in home values include Ohio, Colorado, and the Carolinas. In Ohio, both Springfield and Dayton saw double digit increases in median values. Akron increased to $112,750 from $109,000 and Dayton to $98,800 from $90,600. In Boulder, CO, home values increased by 6.9 percent to $342,000, and Colorado Springs saw an increase of 5.1 percent to a median value of $209,145. In the Carolinas, Fayetteville, NC, increased by 6.4 percent to $133,000, and Spartanburg, SC, saw a 10.3 percent increase in home values to $91,425.

Michigan commands five of the top 10 positions with Muskegon-Norton Shores showing a 35 percent increase. Modesto, Salinas, and Merced, California command the bottom three positions with home value decreases of 15.4, 16.5, and 17.8 percent respectively.

The eppraisal.com National Market Analysis Report is attached. It shows the median sales price of existing single-family home sales in the three months ending May of 2008 along with the percent change from the prior three months ending February of 2008.

See a complete list of national rankings.

The team at eppraisal.com is proud to announce the beta launch of hoodeo™. Hoodeo plays neighborhood matchmaker, giving consumers up to 10 neighborhoods that best match their needs.

So, you may be asking yourself, how does it work? Well, it’s easy! First, create your hoodeo profile by answering a few questions about your lifestyle, desired property type and price range. Then, let hoodeo work its matchmaking magic then show you your best places to live. Hoodeo goes one step further and shows you homes that are for sale that match your criteria in your best places.

These are my top 10 places:

1. Pittsford, NY 14534
2. Greensboro, NC 27410
3. Pearland, TX 77581
4. Richmond, TX 77469
5. Hesperia, CA 92344
6. Pewaukee, WI 53072
7. Charlotte, NC 28211
8. Cypress, TX 77429
9. Kathleen, GA 31047
10. Houston, TX 77070

What are yours? http://www.hoodeo.com. Post a comment here and let us know what your best places are… oh and don’t forget to share them with your friends… that way they know where to find you when you find your perfect home!

ORLANDO, Fla., June 2, 2008 — Today eppraisal.com released their National Market Analysis Report for the three months ending April 2008. Of the 187 market areas tracked across the U.S., 65.8 percent show a decline in home values.

California and Florida continue to lead the decline. Over 80 percent of the areas tracked within those two states saw a decrease in home values. For example, Merced, CA saw a double-digit decline to $192,000, which is an 18.64 percent decline. Punta Gorda was at the bottom of Florida’s list with an 11.58 percent decline in home values to $145,900.

Despite the high rate of home value decline in Florida and California, some areas in those states did see an increase. Jacksonville, FL increased by 2.85 percent to a median home value of $179,000. In California, Redding and El Centro had an increase of more than 2 percent. They went to $232,000 and $235,000 respectively.

Other states showing reasonable gains in home values include Ohio, Washington, and the Carolinas. In Ohio, both Akron and Dayton saw over a 3 percent increase in median values. Akron increased to $109,000 and Dayton to $90,600. In the West, home values in Tacoma WA increased by 2.34 percent to $272,740, and Seattle-Bellevue-Everett saw a small increase of 0.73 percent to a median value of $415,000. In the Carolinas, Fayetteville, NC increased by 8.10 percent to $133,500, and Spartanburg, SC saw a 4.88 percent increase in home values to $86,000.

Flint, MI continues to remain at the bottom of the list with a 19.85 percent drop in its median home value to $44,000. Merced, CA is second from the bottom followed by Salinas, CA and Sumter, SC. Salinas, CA dropped by 18.37 percent to $400,000 and Sumter, SC dropped by 17.62 percent to 86,500. Overall, 13.4 percent of the areas tracked in the report saw double digit declines

The eppraisal.com National Market Analysis Report is attached. It shows the median sales price of existing single-family home sales in the three months ending April of 2008 along with the percent change from the prior three months ending January of 2008.

Where does your city rank? See a complete list of market areas tracked by eppraisal.com

I am a little late to the party here in posting about eppraisal.com’s newest feature. We launched our widgets page a few weeks ago. We wanted our users to be able to easily add our data to their website or blog. Below are examples of the four available widgets. If you like any of them, add them to your website or blog, it’s easy! Click Here to get more details.

 Search Widget:

Index Widget:

Most Expensive Zip Codes Widget:

Least Expensive Zip Codes Widget: