Inman News examined housing, demographic and economic data for hundreds of metropolitan areas nationwide in developing a list of 10 markets that may be best suited for house-hunting investors.
The analysis considered markets with high affordability, low and dropping prices, a high market share of foreclosure sales, high population growth, an improving unemployment rate that is close to or better than the national average, high projected return on investment (ROI) over the next decade, and a low total cost of ownership-to-rent ratio.
Here they are:
Indianapolis-Carmel, Indiana
Winchester, Virginia, West Virginia
Gainesville, Florida
Tucson, Arizona
Tallahassee, Florida
Hagerstown-Martinsburg, Maryland
Salt Lake City, Utah
Richmond, Virginia
Gainesville, Georgia
Winston-Salem, North Carolina
summarized from Inman News, Andrea V. Brambila
For the full story, visit http://www.inman.com/reports/10-markets-invest/index.html
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