Looking for a conservative residential real estate market in which to invest? Local Market Monitor Inc., a 20-year-old, Cary, NC research and consulting firm, has updated its previous rankings and posted the 10 best and worst markets.
Tulsa, Oklahoma City and the San Diego-Carlsbad-San Marcos, Calif. Area is ranked at the top, in that order, on the Best Markets List.
Ocala, FL, Lakeland-Winter Haven, FL, Reno-Sparks, NV and the Orlando-Kissimmee, FL are ranked at the top, in that order, on the Worst Markets List.
The Wall Street Journal reports that since its earlier ranking in August, Phoenix and Naples, Fla. are no longer among the most dangerous markets for investors, the company says
Local Market Monitor analyzes trends for lenders, builders and investors. The company compiled its newest Investor Suitability report using data through Sept. 30 for 315 U.S. markets.
Full story is available on Real Estate Channel
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This entry was posted by Finance on October 11, 2010 at 6:59 pm, and is filled under real estate. Follow any responses to this post through RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.
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