America's property COLD spots where buyers can get huge bargains

Hot property areas get a lot of attention - but Americans are being told they should be looking at the other end of the housing market thermometer.

Cold housing markets are where the bargains are, according to a new report by Realtor.com.

In hot markets, a lack of homes on sale and lots of people looking to move to the areas lead to aggressive bidding wars. Most of America has been hot, leading to average prices now

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