Kiplinger's Picks Lancaster
Click Image to See Safe Havens Slide Show. Photo Courtesy Puffer Morris
Safe Havens in Real Estate
Kiplinger.com - November 5, 2008
Says Kiplinger's...
"With foreclosures skyrocketing and home prices plummeting, real estate has had a tough year. But in certain pockets across the country the damage has been minimal -- if nonexistent.
We found six cities with slow, steady growth, using data from Fiserv Lending Solutions, a home-price research company. These cities' local economies have kept unemployment and foreclosure rates below average. Plus, their affordability index -- a measure of home prices versus family income -- is low.
For comparison, we also pinpoint an average market and the worst market in the country." Click here to see these safe havens