Unfortunately, I have noticed I always lose in my chest :(

I figured I'd lose breast first, and hoped I'd lose upper-arm fat, but actually I lost most from my hips (which are not what I would have considered a 'problem area') and my waist. I've lost all over, except my upper arms.

I tend to believe the paper towel roll theory ... we lose all over, kind of like removing paper towels from a roll.