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HotPads: 10 states that are better for buyers

List includes several Rust Belt states

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Editor's note: In compiling the "10 Best Markets for Real Estate Investors" report, Inman News reached out to a range of data providers and online real estate sites that supplied statistics and charts to identify real estate markets that may be well-suited for investors. The following chart and accompanying methodology were provided by property search site HotPads. 10 states with lowest buy-vs.-rent ratios*:1. Illinois2. Michigan3. New York4. Florida5. Washington, D.C.6. Nevada7. West Virginia8. Ohio9. Virginia10. Arizona National Data, April 2010 - April 2011 State Median Sale Listing Price % Change Median Sale Listing Price (12 months) Median Rent Listing Price (12 months) % Change Median Rent Listing Price (12 months) Rent-Buy Ratio Change in rent ratio AK $259,900 -4% $1,075 13% 20.15 -3.53 ...