Tulsa, Okla., Albany, N.Y. and San Diego, Calif. have shot onto the list of the 10 best markets for conservative residential real-estate investors, according to an updated report by Local Market Monitor, Inc. Since its earlier ranking in August, Phoenix and Naples, Fla. are no longer among the most dangerous markets for investors, the company says.
The Cary, N.C. firm, which analyzes trends for lenders, builders and investors, compiled its newest Investor Suitability report using data through Sept. 30 for 315 U.S. markets. The firm is known for its housing-market forecasts using “equilibrium” home prices, what home values probably should be in relation to population, job growth and income. Knoxville, Tenn., and Greenville, S.C. dropped down the list of favorable markets.
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Tuesday, October 5, 2010
- ▼ 2010 (10)