Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

6 of 6
BACKNEXT
Slowing: Boston
Foreclosure rate: 1 for every 144
Change from 2008: Down 40.7%

Boston was one of the earliest cities to record a home price decline. The market peaked in the summer of 2005, according to the S&P/Case-Shiller Home Price index, and tumbled about 20%. Recovery is probably further along here than anywhere else, according to Fleming.

Prices are inching up again, which will encourage homeowners to hang tough by adding value to their investments. Plus, in old, established cities like Boston, many homeowners have lots of home equity from years of paying down mortgages.

Future foreclosure risk: Low. Boston's delinquency rate is lower than the national average but has grown recently, according to First American CoreLogic, to 5.6% for the 90 day period through June. However, the bank owned properties are selling well -- the number on the market has fallen almost in half over the past 12 months.

More galleries
Last updated August 13 2009: 6:12 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Source: RealtyTrac
More Galleries
13 hottest tech gifts under $100 Some of the hottest products of the year cost well under $100, from gaming consoles and VR headsets to drones. More
14 gifts gamers would actually want Whether you're shopping for a Pokémon GO fan or someone who owns every console ever made, we've got holiday shopping recommendations to suit everyone from beginners to the most discerning gamer. More
14 coolest toys for the holiday season Our list of must-have toys includes a self-hatching interactive pet, a coding toy for toddlers and a high-tech Barbie Dreamhouse. More

Special Offer