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More than five years after the housing bubble burst, analysts are predicting that the real estate market will finally start to stabilize by mid 2012 (See:
What’s Ahead for Home Prices). The plunging home prices that many sellers have come to dread -- and buyers have taken advantage of -- over the past few years are nearing an end.
If you’re on the fence about whether buying a home is a smart move, consider this: Home prices should only fall another 2% through spring 2012, as predicted in
Kiplinger’s Economic Outlook. So if you’re looking to score a rock-bottom deal on a quiet bungalow with lots of character or that Victorian-style home of your dreams, prices won’t get much lower before the market begins to gradually rebound.
See how much your money can buy right now.
We’ve rounded up five single-family homes and two condos costing $300,000 or less, with plenty of amenities.
By Andrea N. Browne, Channel Editor, Kiplinger.com
The housing data in this slide show was gathered using Clear Capital, unless noted otherwise.