Where foreclosures are rare and jobs are plentiful

Posted by: Peter Coy on April 8, 2008

MainStreet.com, a sister website of TheStreet.com, has put together a nice little story featuring five towns around the country that have low foreclosure rates as well as low unemployment rates. Check it out here.

Reader Comments

Amanda Beals

May 23, 2008 12:58 PM

Thanks for linking our article, Peter! Hope you enjoyed it.

Amanda Beals/MainStreet.com

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BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.

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