Economically-Stressed States

http://www.realtor.org/RMODaily.nsf/pages/News2011011201?OpenDocument

 

Not surprising, four of the top five most direly-economically-stressed states include the four states with worst housing performance:

 

• California
• Arizona
• Nevada
• Florida

 

And the fifth?  Michigan. Again, no surprise.  

 

It’s amazing how well housing market performance in an area correlates to economic health.

 

And the best?  North Dakota (home of the latest energy boom), South Dakota (ditto), Nebraska and Vermont.

 

For the full article go to:

 

http://www.newser.com/article/d9kmp19o0/unemployment-and-foreclosures-push-up-economic-stress-reversing-trend-ap-stress-map-shows.html

 

 

Ted C. Jones, PhD

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