Cheapest Real Estate Markets in America, Where are these Places?
One of the biggest lessons of the recent housing collapse is that not everyone can afford to own a home. Too many people were suckered into mortgages with zero down-payments only to be hit later by usurious interest rates.
But in some markets, homeownership has become surprisingly affordable—without having to resort to smoke-and-mirror mortgages. The reason is that in these cities the annual average cost to own a home has fallen to little more—and in some cases less—than the cost of renting.
Where are these places? Read on to find out.
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