Where To Locate The Markets That Offers Affordable Housing

Most homebuyers are having that tough time in locating the place to live wherein they can enjoy both the place and the mortgage payment

. In this very tough economic times home buyers are now more attractive in places with reasonably priced housing markets, low unemployment rate and lots of entertainment and cultural amenities. Bargain markets can be determine by the percentage of home price drops over the past year.

Here are the places where you can find the top real estate markets that offer affordable housing :

Naples, Florida - During its boom years Naples is one of the places that desired to live by many home buyers to invest. But over the past year a sudden down turn in prices had been experienced down nearly 33 percent. This vacation destination in Florida has open an opportunities for home buyers to own an affordable home in what they called "beach-town".

Las Vegas, Nevada - During its real estate boom years lots of investors gain a huge amount of money in this industry. But with the barrage of foreclosure properties in the market this year that cause a 32.60 down in home prices made the city as one of the ideal market for bargain hunters.

Lauderdale, Florida A pedestrian friendly, a place with good community with trendy shopping and nightlife are the things that Lauderdale best known for. So if you are a home buyer who wants to experience this kind lifestyle, then grab this opportunity as most of the homes for sale in the Lauderdale are now 25.95 cheaper than before.

Miami Florida Now it is possible to enjoy the beautiful beaches, the tropical weather and the nightlife all over the place as home prices all over the place have been plummeted 24.15 percent compared with the year ago. That means there is a big chance for you to purchase a property in bargain price in this place.

Napa, California - like other places in California, Napa is also a great vacation destination. In the previous year prices skyrocketed to the highest due to the massive numbers of homes sold. Right now, homes for sale in the market are much affordable compared to last year by 20.11 percent. plenty of luxury properties can be find in this place as well in mark down prices.

Phoenix, Arizona expect more potential bargain homes for sale in the market this year in Phoenix, a place located in the Southwest region in which you can find many neighborhoods to choose from. Home prices downshifted 18.85 percent in the year-over-year levels, so you could find the best home deals that you are looking for in this once hot real estate market.

by: Ivan P.

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