10 cheapest U.S. cities for buying a home

  • 10 cheapest U.S. cities for buying a home

    Detroit

    It's no surprise that the lowest median home prices in the nation can be found in certain parts of Detroit. The city is basically in bankruptcy after losing more than half of its population over the past 50 years. When the housing crisis arrived, Detroit was already in trouble, and home prices tumbled further. Even today, with the economy starting to recover in earnest, the city's median home price is just $32,600. While purchasing a home in Detroit takes a lot of research and a little luck, prices are on the upswing.

  • Ilyce Glink On Twitter»

    Ilyce R. Glink is an award-winning, nationally syndicated columnist, best-selling book author, and radio talk show host who also hosts "Expert Real Estate Tips," a Internet video show. She owns ThinkGlink.com as well as Think Glink Media, a privately held company that provides consulting, content and video services to companies and non-profit organizations.

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