Arguably, South Bend, Indiana is one of the best cities in which to own real estate. The value of real estate here rises consistently, the job growth is decent and it can be best described as an overall stable city with a positive community lifestyle. If you are looking for investing opportunities, the city of South Bend is an absolute gold mine because the cost of living here is cheaper than many of the other cities in Indiana and elsewhere in the US. Also, it's just a train ride from Chicago, its fabulously rich in culture and art, it has ten very good universities and colleges, the foreclosure and pre-foreclosure houses that are for sale here are very competitively priced and the captivating beaches of Lake Michigan are just a short drive away.