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Report: Fall River Among Country’s Worst Real Estate Markets

Aug 30, 2016 | Reprints | Unlock Link | Print

Downtown Fall River

Fall River is among the worst real estate markets in the country, according to a report released today by WalletHub.

WalletHub analysts compared 16 metrics like “median home price appreciation, housing affordability and job growth rate in 300 housing markets across the country. Fall River ranked 294, just ahead of Flint, Michigan.

Frisco, McKinney and Richardson, Texas ranked No. 1, 2 and 3 respectively. Austin, Allen and Plano, Texas also made the top ten.

The three worst markets in the country are Detroit, Michigan, Paterson, New Jersey, and Newark, New Jersey, according to the report.

San Mateo, California., has the lowest percentage of homes with negative equity, 1.9 percent, which is 27 times lower than in Hartford, Connecticut, the city with the highest, 51.2 percent.

B&T Daily