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With the economic downturn hitting the housing market particularly hard, many people have been forced out of their homes through foreclosures. Many others are seeing this as an opportunity to get into homes at drastically reduced prices. While there are great bargains to be had, it is not such a bargain if the local economy isn't strong enough to offer you employment opportunities once you move into your bargain home.
Branson, Missouri, however, is a city with a strong tourism sector which means a steady flow of income. It also has excellent schools, making it a draw for families. With all of this, you wouldn't expect to find housing bargains. Well, there aren't as many available as in depressed cities, but face it, a bargain home in a city so economically depressed you can't support your family financially there isn't much of a bargain, is it? Even though the drastically reduced real estate in Branson is harder to come by than in some towns, it can be found in Branson.
Listings on AOL's real estate pages show homes in desirable Branson neighborhoods going for more than half of their original price. Just one example of this is a 5-bedroom, 3-bathroom home originally listed for $429,900 now going for $205,000. With all that Branson already has to offer—endless entertainment choices, beautiful nature and good schools—it now has a few select bargain homes available too, if you know where to look.