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
Coolest hotel bars for business travelers in 2017 CNNMoney asked a high-end concierge service for routine business travelers what hotel bars they'd recommend in 4 major U.S. cities. Here are the best spots. More
Top credit cards for business travelers 2017 Just like a pair of pants, there's no 'one size fits all' when it comes to the best credit cards for travelers. More
Consumer Reports: 'Top Pick cars' The annual list of top-rated cars, trucks and SUVs from some of the industry's toughest critics. More

Special Offer