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5 Cities Where Homes Will Be a Total Steal In Two Years

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The median price of existing home sales fell to $426,900 in June 2024, according to the National Association of Realtors. That’s $15,600 lower than May 2024’s median home sales price of $442,500 reported by Realtor.com. Cities that experience plummeting home prices consistently provide an opportunity for buyers to purchase homes at rock-bottom prices when the trend continues.

Try This: 6 Best Cities To Buy Property in the Next 5 Years, According to Real Estate Agents

Find Out: How to Get Rich in Real Estate Starting with Just $1,000

Despite interest rates remaining at historic highs, many metropolitan areas are seeing significant price reductions, offering great deals for homebuyers year after year. These cities are predicted to become a total steal in the next two years.

Also read about various places where houses are suddenly major bargains.

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This article originally appeared on GOBankingRates.com: 5 Cities Where Homes Will Be a Total Steal In Two Years