Monday, July 06
In a recent report published by Brookings Institute found out that McAllen,Texas was the only city in the country which saw a 2-3% increase in home values during the 1st quarter of 2009.
After conducting a few more indepth interviews with bankers and realtors -the facts started coming.McAllen was one of those few US cities which didnt experience the dramatic rise in home prices during boom times.They are the last area of the country to feel the downward pull and have been the first one to recover.
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