These 40 cities may see housing prices decline, survey says

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These 40 cities may see housing prices decline, survey says

Newark, New Jersey, skyline on the Passaic River.










Sean Pavone | iStock | Getty Images

Newark, New Jersey, skyline on the Passaic River.

If you’re looking for a new home in an urban area, you might be attracted to some more up-and-coming areas.

released in March found that delinquency and foreclosure rates overall were the lowest since 2000.

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“You could see this as a list of bargains. But if things don’t improve, you’re just going to lose equity on your house,” said Andrew DePietro, lead researcher and data analyst at GOBankingRates.

On top of the list is Newark, New Jersey, which also came in first with highest delinquency rate and highest homeowner vacancy rate.

Other Northeast cities to make the list include Baltimore; Bridgeport, Conn.; Hartford, Conn.; Philadelphia and Syracuse, New York.

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