FAIRFIELD COUNTY, Conn. -- The housing market continues to recover across the nation, but two cities in Fairfield County don't rank very high on a list of healthiest housing markets, according to a story on wallethub.com.
A lower unemployment rate -- it's dipped to a seven-year low of 5.3 percent -- increasing rent prices and rising consumer confidence may encourage lenders to provide loans to more first-time home buyers, wallethub.com said.
To help prospective home buyers find the most attractive markets, WalletHub compared 300 U.S. cities across 14 key metrics. The data analyzed includes median home-price appreciation, home price as a percentage of income, job growth, foreclosure rate, population growth and the unemployment rate.
Stamford ranked No. 186 on the list; Bridgeport came in at No. 287.
Read the full report here.
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