Where Housing Remains Strong
Amidst all these national stories of doom and gloom, here is a little perspective. Some parts of the country have a nice, strong housing market. So, it's bad out there...
Unless, of course, you live in Salt Lake City. Or Binghamton, N.Y.; Salem, Ore.; or Allentown, Pa. In these U.S. metropolitan areas, and in 93 others, existing single-family home prices actually increased in the second quarter of 2007 from a year earlier, according to the National Association of Realtors. The national median home price, meanwhile, fell 1.5%, to $223,800, in the same period.
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