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Moneywatch.com: 2012's Top 10 Most Expensive U.S. Cities

9. Washington, D.C.

Not surprisingly, our nation's capital is one of the most expensive places to live. But it's not immune to the mortgage crisis -- more than 12 percent of homeowners are underwater.

On average, homes in Washington, D.C. sold for $392,000 according to Redfin.com. That's up more than 15 percent from one year ago.
(iStock Photo)

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