Time to Buy? Undervalued Housing Markets

lake charles, louisiana
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NEW YORK (CNNMoney.com) -- It may be the best time to buy a house in more than four years. Home prices have dropped so quickly and so far that valuations - the difference between what a home should cost and its actual price - are the lowest they've been since 2004, according to one report.

Best Market in Four Years: 10 Undervalued Markets

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