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As the housing market improves across the country, certain cities are emerging as relative bargains. Some areas, like Miami, were hit hard by the recession, and other areas are buoyed by good school systems and strong labor markets.
In this 5-minute video from The Today Show, 10 cities are highlighted for their home prices. And they're not "small towns", either.
Among the featured cities:
- South Bend, Indiana
- Akron, Ohio
- Tuscon, Arizona
- Minneapolis, Minnesota
- Trenton, New Jersey
Now, this piece is about finding gems on a national scale. They exist locally here in Northwest Indiana, too. You can find plenty of bargains in most Northwest Indiana towns: Munster, Highland, Griffith, Hammond, Dyer, Schererville, St. John, Crown Point, Merrillville, Portage, and Valparaiso... You just need to know what to look for.
With mortgage rates low and tax credits available, it's not likely that bargains will last.