I remember in the mid-2000s, when real estate was hot, I was looking at various cities--Salt Lake City, El Paso, and Baltimore come to mind--for investments. I wound up in historic downtown Savannah, but I still love to see these reports. The grass isn't necessarily greener in Cincinnati, which shows up on this list, or Pittsburgh, or Syracuse, but you can get wonderful old homes cheap. The tradeoff is you have to deal with the cold weather.
Click here for a slide show of the best US cities to buy a foreclosed home according to CNBC.
Blogger Matthew Allan is a specialist in Savannah Real Estate, focusing on Savannah's downtown historic districts, including the Landmark Historic District, Victorian Historic District, Thomas Square Historic District, Starland Historic District, Baldwin Park, and Ardsley Park Historic District.
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