Top 20 Real Estate Investment Markets for 2010
Stabilizing and turning-around housing prices follows basic supply and demand principles. San Francisco based www.FinestExpert.com compiled a collection of key factors, such as strong employment, rental markets, and growth levels as offset by foreclosures, that combine to determine the “best†real estate investment markets. It is important to note that these top 20 markets are identified as good buy-and-hold real estate investment markets (vs. a quick fix-and-flip … although those deals certainly exist as well). Consequently cash-flow positive properties were a critical component – which takes into account home prices, hyper-local rents, plus taxes, insurance and other operating expenses. All this information is wrapped up in www.FinestExpert.com’s FE-Score, the first of its kind quantitative rating system to score residential real estate as potential investment property. On a scale to 1,000, a truly hot cash-flow deal is any rating above 850. Co-Founder, Robert Boyer said, “Everyone wants a deal, no matter what market they are in. www.FinestExpert.com tracks property prices and values to compute an effective “discount†for every property, thus allowing users to easily find the golden nuggets.†In the table below, the column “discounted properties†documents how many listings (and the percentage of total listings) that are at least 10% below their estimated value. (I.e., properties with built-in equity) For the first-time homebuyer, a good cash-flow deal represents the ability to own for less than it would cost to rent. These make excellent starter properties, especially for someone who may want to one day become a real estate investor. The Dallas-Fort Worth-Arlington, Texas metro area heads the list of best real estate investment markets for 2010, with twelve specific places to consider. Other Texas areas in the top 20 real estate markets are the Houston-Sugar Land-Baytown metro area, Killeen, San Antonio, and Midland, TX To see the entire article and all the hottest investment areas, see the www.FinestExpert.com blog Author Resource: www.FinestExpert.com provides technological solutions to instantly find investment worthy residential real estate opportunities, nationwide. They apply extensive investing and analysis experience to provide the first of its kind, nationwide real estate search for residential investment property based on property financial characteristics as well as the more common property and location characteristics. 10,000,000-plus homes for sale, foreclosures, and rental listings are processed and pre-analyzed weekly to enable real estate investors to replace hours of number crunching with just a few clicks.
Comments(0)
Thanks for sharing this, even though I can tell there''s a lot of self-promotion involved. You have some pretty graphics and data. I ran a town I know well, and saw some properties I''ve looked at in person that you rank highly. Unfortunately, your model--though it may account for comps--doesn''t seem to factor in condition and needed repairs, one of the hardest variables to estimate anonymously, and halfway across the country. It also only appears to feature SFHs, not multi-units, at least not in the market I searched, and I know there are many for sale. Properties you rank highly (like 964!?!) would be gems if they were in good shape. "As is," they are just OK deals, nothing more.
I did find the survey of the top markets to which you refer; Why didn''t you just post the link? (I know, I know, you wanted to drive people to your site). Your methodology isn''t clear, so I only have enough confidence in your results to make me consider it among all the other bits of market information available out there, For those who think it may be useful, here''s the link: ****Must participate a while before posting URL's***
Yes, it sounds promotional so I would criticize the title only. lolz..