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We're #1!

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New York has fallen second to San Francisco as the most expensive metropolitan housing market in the U.S. — cue golf claps. The median home price for San Francisco's third quarter in 2011 was $585,000. San Jose came in third with a median home price of $443,000. Santa Cruz also made the list at #6 with a median home price of $395,000. [Business Insider]