WalletHub: Fall River among worst real estate markets

FALL RIVER has the seventh-worst real estate market in the country out of 300 U.S. cities surveyed, according to WalletHub. / COURTESY WALLETHUB
FALL RIVER has the seventh-worst real estate market in the country out of 300 U.S. cities surveyed, according to WalletHub. / COURTESY WALLETHUB

PROVIDENCE – Fall River is among the worst real estate markets in the country, and Providence is not much better, according to WalletHub’s latest study released Tuesday.
Fall River ranked 294th on the list, which compared 300 U.S. cities across 16 metrics, including median home price appreciation, housing affordability, foreclosure rate, job growth rate and unemployment rate.
Providence was No. 266 on the list.
The worst real estate market can be found in Newark, N.J., according to the financial services website, while the best is in Frisco, Texas.
Cambridge, Mass., ranked highest among New England cities at 59th, followed by Quincy at 69th; Boston at 81st; Lowell, 177th; Lynn, 225th; Worcester, Mass., 251st; Brockton, 270th; New Bedford, 289th; and Hartford, 293rd.
WalletHub said it conducted the study to help would-be home buyers find the most attractive real estate markets.

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