Looking To Buy a Home? Head to Florida

Money Magazine posted their annual list of the top 25 cities to buy real estate, and surprisingly, the sunshine state dominated the top 10. While Hanfod, California was number 1, Miami, Fort Lauderdale, and West Palm Beach were listed 2-4. All three metro areas have seen average price drops of existing homes range from 18 to 23 percent in just one year. That doesn’t of course include the large amount of foreclosed homes on the market in each of those metro areas. Tampa, Pensacola, and Gainesville, Florida were also in the top 10.

To view the entire list, head over to CNNMoney.com

Tagged as: foreclosures, lists