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Is it improving............

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    Posted: Jun 14 2010 at 8:58am

Realizing that this takes in a very large area......is it improving in Middletown?  I have my doubts and think Middletown will lag seriously behind the surrounding cities and area by years in any recovery, if at all.  What do you think?

 

10 Most Improved Housing Markets

No. 1: Denver-Aurora-Broomfield, Colo.
Q1 Home price index: 5.8 percent*
Q1 Foreclosure rate (YOY change): 1.9 percent (up 21.9 percent)*
Q1 90+ day delinquency rate (YOY change): 5.7 percent (up 34.3 percent)*
April 2010 unemployment rate: 7.8 percent** * Source: CoreLogic
**Source: U.S. Bureau of Labor Statistics

No. 2: Boston-Quincy, Mass.
Q1 Home price index: 6 percent
Q1 Foreclosure rate (YOY change): 2.1 percent (up 32.8 percent)
Q1 90+ day delinquency rate (YOY change): 7.2 percent (up 43 percent)
April 2010 unemployment rate: 7.9 percent

No. 3: St. Louis, Mo.-Ill.
Q1 Home price index: 2.1 percent
Q1 Foreclosure rate (YOY change): 1.4 percent (up 34.9 percent)
Q1 90+ day delinquency rate (YOY change): 5.9 percent (up 39.2 percent)
April 2010 unemployment rate: 9.5 percent

No. 4: Pittsburgh
Q1 Home price index: 1.3 percent
Q1 Foreclosure rate (YOY change): 1.8 percent (up 20.8 percent)
Q1 90+ day delinquency rate (YOY change): 5.5 percent (up 24.7 percent)
April 2010 unemployment rate: 8.1 percent

No. 5: San Jose-Sunnyvale-Santa Clara, Calif.
Q1 Home price index: 8.3 percent
Q1 Foreclosure rate (YOY change): 1.9 percent (up 39.8 percent)
Q1 90+ day delinquency rate (YOY change): 6.9 percent (up 53.1 percent)
April 2010 unemployment rate: 11.7 percent

No. 6: San Francisco-San Mateo-Redwood City, Calif.
Q1 Home price index: 1.6 percent
Q1 Foreclosure rate (YOY change): 1 percent (up 56.2 percent)
Q1 90+ day delinquency rate (YOY change): 3.7 percent (up 69.5 percent)
April 2010 unemployment rate: 9.3 percent

No. 7: Washington-Arlington-Alexandria, D.C.-Va.-Md.
Q1 Home price index: 5.6 percent
Q1 Foreclosure rate (YOY change): 2.3 percent (up 28.6 percent)
Q1 90+ day delinquency rate (YOY change): 7.9 percent (up 40.3 percent)
April 2010 unemployment rate: 6 percent

No. 8: Cincinnati-Middletown, Ohio-Ky.-Ind.
Q1 Home price index: 4.7 percent
Q1 Foreclosure rate (YOY change): 2.4 percent (up 26.2 percent)
Q1 90+ day delinquency rate (YOY change): 6.4 percent (up 29.5 percent)
April 2010 unemployment rate: 10.2 percent

No. 9: Minneapolis-St. Paul-Bloomington, Minn.-Wis.
Q1 Home price index: 0.5 percent
Q1 Foreclosure rate (YOY change): 1.9 percent (up 26.9 percent)
Q1 90+ day delinquency rate (YOY change): 6.1 percent (up 29.7 percent)
April 2010 unemployment rate: 6.8 percent

No. 10: Milwaukee-Waukesha-West Allis, Wis.
Q1 Home price index: 0.1 percent
Q1 Foreclosure rate (YOY change): 2.3 percent (up 25.4 percent)
Q1 90+ day delinquency rate (YOY change): 6.1 percent (up 32.7 percent)
April 2010 unemployment rate: 8.5 percent

Click Here for the Complete List of Most Improved U.S. Housing Markets 2010
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Post Options Post Options   Thanks (0) Thanks(0)   Quote wasteful Quote  Post ReplyReply Direct Link To This Post Posted: Jun 15 2010 at 7:48am
Not in Middletown.  I have also not talked to anyone that doesn't agree that Middletown is going to lag far behind the rest of SW Ohio and Butler County when any recovery comes, just a fact of the way city leadership has taken the City in the last 5 years is going to cause a huge lag for most of the city.  Poverty reins supreme in Middletown, hence businesses will avoid it for the most part.
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