Florida leads list of 'turnaround towns'

From MSN.com

All eyes are on Florida these days, and it's not just because of Newt and Mitt.

Florida dominates Realtor.com's list of the "Top 10 Turnaround Towns," with Florida cities taking eight of the 10 spots on the list for the fourth quarter of 2011. Once again, Miami ranks first, as it did the third quarter.

Second on the list is Phoenix, which — like Miami — saw property values experience a sharp runup and then a deep plunge. Foreclosures are high in Phoenix, but so is investor interest. The only other non-Florida city on the list is Boise, Idaho.

To see the complete list of Florida cities, click here.