No. 18: Indianapolis-Carmel, Ind.

Q1 Home price index: 2.1 percent
Q1 Foreclosure rate (YOY change): 3 percent (up 16.4 percent)
Q1 90+ day delinquency rate (YOY change): 7.7 percent (up 23.1 percent)
April 2010 unemployment rate: 9 percent

The Metropolitan Indianapolis Board of Realtors said that after sales and median prices in central Indiana increased in the first quarter, the second quarter also got off to a strong start. The low supply of homes will help prices remain steady or increase in 2010, although demand is expected to taper off after the tax-credit program expires.

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