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Here are 12cities to avoid if you plan to buy a housebefore 2030.
Prices are still far below peak levels today, Beloian continued.
I would wait for more stable market conditions before buying there.
Darko said, Buffalo has experienced asteady population decline, leading to a surplus of housing and lower demand.
Beloian said Las Vegas also went through a huge housing boom and bust.
Its economy remains largely dependent on tourism, which experiences ups and downs.
Clevelandsreal estate markethas been slow to recover from the 2008 financial crisis, according to Darko.
While housing here may be affordable, the markets slow appreciation rates are a concern, Darko said.
High vacancy rates in residential properties further indicate a lack of demand and could negatively impact property values.
Now, Gary is known for economic plight, abandoned buildings and a lot of crime-related problems.
Unfortunately, Jackson is not one of them.
Jacksons economic instability andslow job growthcontribute to an unstable real estate market, Darko explained.
Only the very wealthycan afford homes, Beloian said.
For most buyers, the numbers simply wont make sense.
Baltimore
Baltimore is popular among tourists due to its historical sites.
Investors can shy away from buying houses here because taxes are usually steep, Austin added.
The combination of high property taxes and socio-economic issues can deter long-term investment.
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