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Back in October we blogged about the "2011 Best and Worst Housing Markets" as published by Business Week. We were blown away when we read that Florida accounted for 17 of the top 25 spots on the worst housing markets list which surely meant certain doom for the state. Well, as we have reviewed before, sometimes it's all about how you analyze the data. Only four months after dominating the worst housing market list Florida has made headlines again, this time on CNBC's "Top 10 Turnaround Towns".

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Last week we blogged about the top five cities on the "2011 Best and Worst Housing Markets" list. The Fort Lauderldale-Miami metro area snagged the #1 spot on both the best and worst lists, providing a glimmer of hope to homeowners in South Florida. Unfortunately the positive news ends there as Florida dominated the top 25 worst home markets, the emphasis on the South Florida market. It's widely been publicized that Miami and Fort Lauderdale were two of the hardest hit regions by the housing

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