Forbes Article - Best Cities For Bargain House Hunters

Forbes magazine just completed a great article entitled "Best Cities for Bargain House-Hunters."

Key items include:

• There are a number of people who are looking to take advantage of local housing slumps searching for the point when the market hits the bottom.
• Key things that home buyers should look for the following factors (to allow them to get a good deal, but not experience risk from economic factors that have sunk many markets in the US):
• Strong job growth
• Relatively low foreclosures
• Inventory is high
• "Buying opportunities" not from fundamental problems with the economy but from a short-term overbuilding
• Houston is a great buying opportunity:
• "Compared to housing prices in other cities, Houston real estate has always been a bargain, which is part of why the population has expanded so much since 2000. Jobs are being added to the books at the sixth fastest rate of cities measured, and while the city has had more than a few foreclosures, especially in Harris County, it hasn't taken a huge overall hit."
  
  
  Click here for the Full Forbes Article
• Click here to search Houston TX Homes For Sale