Find out which cities around the country are best for buyers.
(ABC News)
When you go to buy a house, a market with cheap prices is not the only factor you should consider. Rather, look for communities with a strong job market and stable housing values. Some common threads: cities with military bases, state capitals and college towns all fare well because they are more "recession proof," according to Zillow, an online real estate company. A strong tourism industry helps, too.
Click here for the Top 10 best places to sell.
Median home value: $223,800, down 1 percent from a year ago.
Property values are up 7 percent compared with five years ago.
Houses cost an average of $139 per square foot.
Buyers are paying 2 percent less than the listing price.
Click here to learn more about Virginia Beach's housing market and click here for a list of available properties.
Median Home Value: $190,700, down 3 percent from a year ago.
Property values are up 4.4 percent compared with five years ago.
Houses cost an average of $123 dollars per square foot.
Buyers are paying 3 percent less than listing price.
Click here to learn more about Albany's housing market and click here for a list of available properties.
Median Home Value: $346,000, down 14 percent from a year ago but with shrinking declines.
Thirty-six percent of homes on the market are foreclosure resales.
Forty percent of homes are being sold for less than the owners paid for them.
Eighty-nine percent of home values are decreasing, but the declines are slowing and the bottom is in sight.
Houses cost an average of $219 per square foot.
Click here to learn more about San Diego's housing market and click here for a list of available properties.
Median Home Value: $172,800, down 12 percent from a year ago.
Property values are up 3 percent compared with five years ago.
Buyers are paying 9 percent less than listing price.
Houses cost an average of $98 per square foot.
Click here to learn more about Austin's housing market and click here for a list of available properties.
