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Email10 U.S. cities that avoided the housing bust
These places have lower unemployment, foreclosure rates than rest of country
July 14, 2011
Fayetteville, N.C., is one of 10 U.S. cities that avoided the housing bust
In the highly segmented U.S. housing market, some regions have faired considerably better than others, according to CNBC. In several cities listed here, foreclosure re-sales are between 80 percent to 90 percent lower than the national average of 22.9 percent, and all but one city has an unemployment rate below 9 percent.
Although no place in the U.S. truly escaped the housing bust and the resulting recession, the cities listed here have appreciated by an average of 3 percent, with some doing considerably better.
The ten cities are:
- Fayetteville, N.C.
- Oklahoma City, Okla.
- Tulsa, Okla.
- Little Rock, Arkansas
- Yakima, Wash.
- Pittsburgh, Penn.
- Rochester, N.Y.
- Durham, N.C.
- Knoxville, Tenn.
- Greenville, S.C.
For more information: www.cnbc.com/id/43738848?slide=1
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