Best American Cities for Bargain Hunters

Forbes searched for markets that are overstocked with homes for sale, but are adding jobs and aren't plagued by lending conditions that may significantly threaten the market's health moving forward. They examined 2006-2007 data on job growth, from the Bureau of Labor statistics; foreclosure data from RealtyTrac, an online database of foreclosures gleaned from multiple listing services, bank-owned properties, bankruptcy records, loan histories, tax liens and lender information; and ZipRealty, an online firm that tracks vacancy rates through multiple listing services. Of the country's largest metro areas, these are where the best bargain buys are.

See All 10 Bargain Cities

More From Forbes:

• America's Rapidly Rising Foreclosure Spots
• America's Free-Falling Housing Markets