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Rochester tops housing recovery list
Rochester, N.Y. - Rochester has topped the list of cities that have made the best recovery in the housing market, according to RealtyTrac.
The housing data tracking group released its first ever recovery index, ranking 100 major U.S. metros based on seven different factors.
Rochester was number one after showing the strongest signs of recovery thanks to below-average unemployment, underwater and distressed sales percentages, combined with above-average drops in foreclosure activity and increases in home prices.
The only other New York metro area in the top 20 was Albany-Schenectady-Troy.
To see the full list, click here.