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24/7 Wall St.: The Best Housing Markets for 2013

7. Omaha, Neb.-Iowa

Job growth: 2.5%
Vacancy rate: 3.3%
Construction permits: 8.7 per 1,000 homes

Omaha’s housing market weathered the storm better than most housing markets, as home prices only fell by 4.3% from peak-to-trough. The economy of Omaha has been particularly strong. As of October 2012, the unemployment rate in the Omaha metro area was just 3.9%, about half that of the national unemployment rate that month. Job growth in the first 10 months of the year was at 2.5%, which was among the top quintile of all metro areas. The median asking price per square foot in the first eight months of 2012 was a modest $79.96, which was the 14th lowest out of 100 metro areas.

More From 24/7 Wall St.:
The 10 Most Expensive Cities To Buy A Home
American Cities Adding Or Losing The Most Jobs
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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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