Inman News, an authoritative real estate media outlet, ranked Tallahassee as the 5th best market in the country for real estate investment.
Inman News ranked areas this way: "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."
With relatively stable employment, a strong rental demand driven by universities, and many homes priced for less than their monthly rental payment, it's not surprising Tallahassee real estate is a good deal for investors. The list of all 10: Indianapolis-Carmel, Ind.; Winchester, Va.-W.Va.; Gainesville, Fla.; Tucson, Ariz.; Tallahassee, Fla.; Hagerstown-Martinsburg, Md.-W.Va.; Salt Lake City; Richmond, Va.; Gainesville, Ga.; and Winston-Salem, N.C.
To read the full article, go to Inman's real estate blog and online news
Top 10 Real Estate Investor Markets
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