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5 best markets to buy a home

Looking to buy a home? In these cities, prices are attractive, there are plenty of homes to choose from -- and buyers have the upper hand, according to

Portland, Me.

best buyers market portland
  • Median listing price: $260,000
  • Days on market: 144

Portland has notoriously cold winters, but it also has fresh lobster, clean air and a more reasonable cost of living than most cities on the New England coast.

Home prices, however, run about 20% higher than the national average, but they've managed to remain relatively stable.

"The housing market, like most of the Northeast, has not come back as strong as the states harder hit by the housing bust," said Errol Samuelson, president of

While the number of listings is down 15% compared with last year, homes stay on the market so long that buyers have plenty of time to find the right place.

Source: bases its rankings on median listings prices, supplies of homes for sale and days to sell new listing. Housing markets include the entire metro areas.
  @CNNMoney - Last updated March 14 2013 02:11 PM ET

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