America's Best Undervalued Places to Live
(Ethan Miller/Getty Images)
After a dizzying run-up in prices during the first half of the decade, Sin City has become a cautionary tale for real estate investors everywhere. Since its 2006 peak, Las Vegas home values have plummeted by more than 50 percent. The median price of a single-family home in Las Vegas was $140,000 in the first quarter, which IHS Global Insight considers 41 percent undervalued.