Best markets for bargain hunters: Cities with the highest rate of vacant homes for sale

March 23, 2015 by Gina Thelemann in Articles

Today's bargain buyers are feeling a pang of nostalgia for 2010 and 2011, when high levels of foreclosures and short sales made for ample low-priced inventory. As prices rise across the country, low inventory continues to loom and first-time buyers enter the market… it may seem like the days of discounted housing are long gone.

In a few areas across the country, however, we are still seeing a high percentage of vacant homes for sale. These homes may have a few flaws but with a professional inspection and a good home warranty, they could be just the bargain you've been looking for.

Methodology

We limited our search to CBSA's with more than one million residents, and homes surveyed were vacant and on the market in early March 2015.



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