When homes wait longer than 60 days looking for a buyer, thatdoesn't necessarily mean there is not a lot going on, economically,in those markets. Slower home sales could mean houseswere priced too high or owners lacked the equity to negotiatepricing or terms.

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But the bottom line is that homes took a long time to sell insome areas. The following real estate markets represent areas wherethe average home, put on the market on July 1, did not find a buyerfor several months, according to research conducted by the onlinerealty firm Trulia.

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All of the markets listed have plenty of economic activity; oneis the capital of one of the most economically dynamic states inthe U.S.

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But when it comes to real estate, whatever these areas had goingfor them economically did not make local homes sell quickly.

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Read more: Economic prosperity doesn't guaranteehome sales …

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1. Richmond,Va.

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After the Civil War, Richmond paid a high price for its role as the capital of theConfederate States of America. Today, Virigina's state capital nowreigns over one of the strongest economies in the U.S., accordingto the U.S. Census and Federal Reserve.

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The two agencies' data said Virginia has the seventh strongeststate economy in the country and has the largest concentration oftechnology workers on a per capita basis. Suburban marketsoutside Washington and Norfolk also helped support Richmond'seconomy, the agencies said.

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But home sellers in Richmond have not reaped the reward ofVirginia's strong economy. Trulia reported as of April that72% of Richmond homes languish on the market for at least 60 days.And while real estate prices have not fallen, Richmond homes gainedonly 3.6% over the last year.

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Read more: Insuring the sale…

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2. Hartford, Conn.

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Hartford is known as the capital of the U.S. insuranceindustry, but also has a strong high tech manufacturing base, saidCity-Data.com, a websitethat tracks economic and population data from governmentsources.

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The greater Hartford metropolitan area is home to seven majorinsurance firms: Aetna Inc., Travelers Property Casualty Corp.,MassMutual, The Hartford Financial Services Group, CIGNA, ThePhoenix Companies, and The United Health Care Company, according toCity-Data.

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But while Hartford also serves as Connecticut's capital, 71% ofits homes remained on the market more than 60 days after beinglisted, according to Trulia. In addition, Hartford real estateprices dropped 1.2% over the past year, the online real estate firmreported.

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Read more: Market as cold as the weather…

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3. Albany, N.Y.

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New York's state capital is in Albany, and 25% of the city's workforce engages in statelegislative or administrative work, according to City-Data.com.This gave Albany a relatively stable, but also slow moving economy,the website observed.

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To spark innovation, Albany pursued high tech firms and workers. Today, Albany angling to surpass Austin, Texas, as a nationalhigh-tech startup hub.

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But despite the high tech influx, the wealth has not been enoughto spark Albany's real estate market, according to Trulia. Fully70% of Albany's homes remain on the market more than 60 days beforebeing sold, and prices have dropped 1.5% during the past year.

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Read more: An A for education but an F for homesales …

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4. New Haven,Conn.

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New Haven's economy is transitioning from manufacturing toservice and high tech, but has not made it yet, according toCity-Data. The greater metropolitan area has severalwell-established bio-tech firms with more likely to come and thesecompanies alone added some 1,000 jobs to the regional economy inthe late 1990s, and continued to fuel the economy into the2000s.

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In addition, the city boasts a significant higher educationinfluence, led by Yale University. Yale and other local collegescollectively maintain a student base of nearly 50,000 and employthousands of others, City-Data.com reported.

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But even with focus on high tech and educational growth, Truliareported 70% of houses put on the market in New Haven remain there more than 60 days later. And, NewHaven's real estate prices slumped 0.3% in the last year.

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Read more: Suburbia officially uncool…

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5. Long Island, N.Y.

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The health of the real estate market and economy in Long Islanddepends on location. Much of NYC's island suburb has an agingpopulation, high tax rates, a shrinking manufacturing base andcar-oriented neighborhoods, according to City-Data and othersources. These neighborhoods, full of single-family homes, areincreasingly unattractive to young people.

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But the island is also home to Suffolk and Nassau counties,which have seen very strong job growth the last two years,according to the Wall Street Journal, albeit withgenerally lower paying jobs.

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Still, the growth in Suffolk and Nassau has not been enough tomake Long Island homes move much, according to Trulia. Seventypercent remain on the market more than 60 days. On the bright side,home prices rose 4.8% in the last year.

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