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The Top Ten Cities To Find a Deal On A House

Erik Folgate

If you’re looking for a bargain on a house, but you’re living in a housing market that is out of your price range, here is a list according to Forbes .com

  1. Salt Lake City, Utah
  2. Raleigh, NC
  3. Orlando, FL
  4. Charlotte, NC
  5. Phoenix, AZ
  6. Seattle, WA
  7. Las Vegas, NV
  8. Jacksonville, FL
  9. Richmond, VA
  10. Houston, TX

I can speak with Jacksonville from experience. I live in Jacksonville right now, and you can definitely pick up a nice 3 or 4 bedroom, 1,800 square foot house for $175,000 to $200,000. That’s still a little high for some, but it’s a good deal for Florida. My wife and I will be looking to buy a house soon, so that is why I was intrigued by this web page. I was glad to see Raleigh and Charlotte, because those are two places that we have been talking about possible areas to settle down and raise a family. I was a little surprised to see Phoenix and Las Vegas on there, because I know those are two areas getting hit hard with foreclosures. Just because there are a lot of foreclosures, doesn’t mean you can find a bargain. Many foreclosures are from loans of less than 3 years old that were interest-only, no-money-down loans at an inflated price. But, I also know that these areas had significant decreases in home values, back to normal levels. I was also surprised not to see Atlanta on there, because I know you can get good deals just outside of Atlanta on houses.

Are any of you from these cities? Post a comment about your opinion on the housing market in your area. Do you think you live in an affordable, urban area? Let us know!

Erik Folgate
Erik and his wife, Lindzee, live in Orlando, Florida with a baby boy on the way. Erik works as an account manager for a marketing company, and considers counseling friends, family and the readers of Money Crashers his personal ministry to others. Erik became passionate about personal finance and helping others make wise financial decisions after racking up over $20k in credit card and student loan debt within the first two years of college.

Learn more - including co-founders Andrew Schrage and Gyutae Park.

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  • http://www.thehousedesigners.com/architectural_floor_plans.asp floor plans online

    All good lists as well. My favorite is Richmond VA. It is practically a homecoming to me.

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