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North Dakota, Minnesota top list of states with healthiest housing markets
With an unemployment rate of just 3.7 percent and a low debt-to-income ratio, North Dakota ranks as the state with the healthiest housing markets for 2011, according data from LendingTree. Other states to make the list include Minnesota, Texas, Indiana, and Iowa.
With an unemployment rate of just 3.7 percent and a low debt-to-income ratio, North Dakota ranks as the state with the healthiest housing markets for 2011, according to data from LendingTree.
The report, published by CNBC.com last week, analyzed all 50 states and Washington, D.C., based on five key criteria: debt-to-income ratio, unemployment, homeownership, negative equity, and the average loan-to-value ratio.
The top 10 states are:
- North Dakota
- New Hampshire
Read the full report at: http://www.cnbc.com/id/42557873/States_With_the_Healthiest_Housing_Markets