Contributed by HGTV's FrontDoor.com
Originally published 3:04 p.m., Thursday, April 9, 2009
Updated 3:42 p.m., Thursday, April 9, 2009
http://tinyurl.com/cnxfmh
KNOXVILLE, Tenn.- Home prices have fallen more than 6 percent in the past year, according to the Federal Housing Finance Agency, which tracks 292 U.S. metropolitan areas. That means bargains can be found just about everywhere.
Naples ranked No. 2 overall. Known for its artsy side and the natural wonder of the nearby Everglades, Naples was a vacation destination overrun with real estate investors during boom time. Prices plummeted nearly 33 percent over the past year, offering new buying opportunities for people looking to move to the beach.
The other top 10 markets are Stockton, Calif., at No. 1, followed by Las Vegas at No. 3, Fort Lauderdale, Miami, Napa, Calif., Phoenix, San Diego, Detroit and Washington, D.C.
Go to http://www.frontdoor.com/top10 to read more about each of the top 10 picks. The Naples link is http://www.frontdoor.com/Buy/Top-10-Bargain-Markets-for-Homebuyers/54963/p2
FrontDoor.com (http://www.frontdoor.com) is an online real estate listing service powered by HGTV, the No. 1 source for home-related media content. The site currently offers more than 3 million listings of homes for sale and partners with other leaders in the home shelter category including Realogy Corp., In addition to providing users with the latest real estate listings, FrontDoor houses expert HGTV advice and videos along with original Web series and a comprehensive library of engaging, interactive tools, guides and information.
