Report: Cincinnati In Top 10 Real Estate Steals

CINCINNATI -- The tough economy has hurt homeowners when it comes to foreclosures, but it also has made it easier to buy a home.

U.S. News ranked the top 10 cities for real estate steals and Cincinnati claimed the 10th spot.

The report says home prices stayed relatively affordable in the Queen City.

The price-to-income ratio actually increased from 2006 to 2009.

Further drops in prices are expected as more homes go into foreclosure, but home prices are expected to bottom out this year before creeping higher.

Along with mortgage rates falling to 4.93, potential buyers have even more incentive to purchase a home soon in Cincinnati.

Memphis, Tenn. topped the list of real estate steals.