One of the nation's poorest cities, Pine Bluff's population has been declining fast.
Severe economic and social problems have plagued the area. Close to a third of the metro area's population lives below the poverty level and it ranks second only to the Detroit for crime.
Manufacturers have outsourced many of the area's jobs abroad, according to Moody's Analytics and the unemployment rate remained in double-digit territory at 10.5% in January.
From Los Altos, Calif. to Brooklyn, N.Y., these 20 cities had the highest number of home sales exceeding $1 million during the 12 months ended June 30, 2013.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.48%||4.38%|
|15 yr fixed||3.49%||3.42%|
|30 yr refi||4.47%||4.37%|
|15 yr refi||3.48%||3.41%|
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