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24/7 Wall St.: America's Fastest-Growing Housing Markets

5. Hagerstown-Martinsburg, MD-WV

Expected price increase: 3.8 percent
Unemployment rate: 7.8 percent (176th highest)
Change in home prices (2010Q4-2011Q4): -6.7 percent

Between the fourth quarters of 2010 and 2011, home prices in the Hagerstown-Martinsburg metropolitan area dropped 6.7 percent — among the largest decreases in the nation for that period. From their peak in the first quarter of 2007, prices have dropped a total 32.1 percent — more than most markets. However, in the coming year, home prices are expected to increase 3.8 percent. In the year after that, they are projected to grow an additional 3.9 percent.
(iStock Photo)

More From 24/7 Wall Street:
The States With The Most Homes In Foreclosure
The Ten Most And Least Affordable Cities To Buy A Home
Nine Countries Where Unemployment Does Not Exist



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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