Which states in the USA are known to be the most attractive for a real estate investor and why.
- Author Victoriya Voloshuk
- Published July 6, 2011
- Word count 393
It is reasonable in the present situation to invest in those markets which have:
-
High level of unemployment and a corresponding high percentage of foreclosure providing larger amounts of proposals at lower rates.
-
Maximum drop of prices prices occurred percentage wise.
-
Relatively cheap (even in comparison with the other problem regions) housing affordable for the majority of population, even to those people affected by the economic crisis, and which is attractive to investors from the US and other countries, those whose purchase power either does not depend on the current crisis or are essentially active immediately after the crisis.
-
State or Region or City has a special combination of factors possible to attract different categories of clients, which fact has also been proved with the significant growth of population in the years prior to the crisis.
-
There is a possibility of buying the housing at auctions at a price even lower than the market one, and fast re-selling in order to reduce or minimize the risk of drop of prices in case of possible release to the market by the banks of big amount of housing.
Proceeding from the above mentioned prerequisite, during the year 2009 and the 3 quarters of 2010 the 3 of the 4 states most damaged by the crisis, California, Nevada and Florida, were analyzed.
As a result of the study and analysis, the housing market of the cities Cape Coral and Fort Myers, Lee county, Florida, in the U.S.A were chosen.
Having analyzed a number of parameters (unemployment rate, amount of foreclosures, level of prices, etc.), the Maks Realty experts came up with the following conclusion:
California is the most attractive state for the investors and purchasers, yet the most expensive state in the USA.
Nevada has higher level of foreclosures, but is far less attractive to purchasers.
State of Florida - is the next to California attractive state, but the prices are more reasonable.
Lee county (in the state of Florida ) - is the second to Miami-dade attractive place, but the prices are more reasonable, too.
The city of Cape coral is the most attractive in the Lee region, where 5 of 6 city regions are among the 10 most attractive places (taking into account that there are totally 179 districts in the region),
and the prices are among the most reasonable in the region, in the state and in the U.S.A.
Research was done by experts of MaksRealty real estate agency in florida with help of your-property.biz where you can find info how to sell your mobile homes for sale by owner.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Online home search portals vs. working directly with a real estate agent. What is the difference?
- Unlock Your Dream Property: 5 States for Affordable Land and Great Value in 2026
- Homes for Sale in Cornersville, TN: Why Finding Treasure is so Much Fun!
- Data-Driven Tools for Transit and Mobility and Equitable Net-Zero Cities: A Comparative Study of ICT Planning Solutions
- THE REMOTE REVOLUTION: TEAM ROMINES ZERO TRAVEL HOME BUYING GUIDE
- Better Call Goodman: The Toronto Realtor Who Mastered $100K Mattresses Before Million-Dollar Homes
- The Influence of Contemporary Residential Architecture on People’s Daily Lives and Their Health
- Building Code Compliance and Structural Resilience in Lagos State, Nigeria: A Critical Assessment
- Managing Conflicts Between Clients and Building Professionals in Nigerian Construction
- Discover the Best Temporary Accommodation in London
- SEPTIC SYSTEM VS. SEWER SYSTEM: KEY DIFFERENCES EXPLAINED
- Effortless Hosting, Maximum Returns: Discover the Power of Ion Property Management in Scottsdale
- Ultimate Guide to Buying Land in Tennessee: Stories, Steps, and Regional Insights
- Local Guide for Giles County and Pulaski, TN Real Estate Market
- Your Ultimate Seller’s Legal Checklist for Selling a Home in Queensland
- When Is The Right Time To Sell Your Property?
- Out of This World Housing Opportunities in Lincoln County, TN
- Exploring Homes for Sale in Murfreesboro, TN
- Buy Bamburi Cement
- Buying a Home When the Interest Rates Drop
- Benefits of Purchasing a New Construction Home In Spring Hill or Columbia, Tennessee
- Specification Writing for Sustainable Green Projects: A Complete Guide
- What to Expect When Moving to Tennessee
- Saskatchewan Farmland Values: Key Drivers in 2025
- Is a Farm in Tennessee the Life for Me?
- Searching for Homes in Lawrenceburg, TN: Why it’s a Great Place to Live
- 1031 Exchange
- I Was Weeks from Losing My Home — Here’s What I Wish I Knew About Foreclosure Rescue
- The Next Luxury Housing Train Stops in Thompson's Station Tennessee
- SolarWave Group Portugal: Vale do Sol