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US: Housing market turning around in several rural states

Posted on 30 June 2011

The housing market is hurting nationally, but it appears to be marching toward recovery in a handful of mostly rural states, economic forecasters say.
The states — including North Dakota, South Dakota, Iowa and Alaska — have economies more dependent on the energy, industrial or agricultural sectors, stronger parts of the U.S. economy. Their home prices, in general, didn’t rise as much as in other states in the boom years, so they’ve fared better in the wake of the crash. Their unemployment rates tend to best the national average……………………………………….Full Article: Source


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