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
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.
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