The 11 States with the Hottest Housing Markets

The 11 States with the Hottest Housing Markets

11. Rhode Island

6.5 percent increase in home prices

The smallest state in the union just barely surpassed the U.S. average. Home prices benefited from a 38-percent decline in foreclosures and short sales, according to the state‚Äôs Realtor Association. The median price of existing homes in the state came in at $230,000, the association reported. 

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