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According to a real estate interview Jan. 5 on NBC-TV's Today Show, South Bend is the best city in the nation to find value, stability and rising prices in a home while living in a community with anticipated job growth.
Barbara Corcoran, a real-estate contributor to the Today Show and CNBC, ranked South Bend first among the “Top 10 Cities for Bargain Homes.”
In South Bend, Corcoran told interviewer Ann Curry, the median “price is just $89,000, and prices have been rising steadily for almost a full year now.
“Still, the median price is only half of what it is in the rest of the nation,” she said. “That’s an enormous difference -- a lot of house for the dollars.”
If the availability of housing values weren’t enough to put South Bend atop her list, “the cost of living is a whopping 29 percent lower than anywhere else.”
Here is Corcoran’s ranking of cities as appeared on the Today Show:
1) South Bend, Ind.
2) Akron, Ohio
3) Topeka, Kan.
4) New Haven, Conn.
5) Tucson, Ariz.
6) Minneapolis
7) Portland, Maine
8) Miami
9) Kingston, N.Y.
10) Trenton, N.J.
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