Real Estate Investment In Northern Virginia
Woodbridge VA Is A Strong Real Estate Market Over The Long Term
You Can't Go Wrong Owning Homes In Woodbridge As Investment Properties
There Are Other Cities Where You Can Buy Solid Long Term Investment Properties
Nothern Virginia is among the better places to own investment property, because home values have risen 3% -4% over the long haul as long-term investments.
Northern Virginia has a low supply of rental properties, so rent prices give you strong income. Nobody ever made a mistake over the long haul buying an investment home in Northern Virginia and held onto it for 20-30 years.
I work with investors who do not live in Virginia, but they buy investment property here.
Who Says You Have To Invest Your Money In Northern Virginia Real Estate?
Inman News Announces Number One Market For Buying Investment Real Estate
Invest In Markets That Are Good For Investment Property
According to Inman News, the number one city for real estate investors is Indianapolis, Indiana. The median price for a home is $106,000, and the rental market is strong. Unemployment is just 8%.
The number two market for owning investment property is Winchester, Virginia. Winchester median home prices are just $161,000, and prices are stable.
The number three market for investment real estate is Gainesville, Florida, where median home prices are $141,000, and the market didnt' grow at double-digits in 2000 - 2005. Unemployment is just 7.5%
Here is the list of the top ten markets for buying and owning investment property:
4. Tucson, Arizona
5. Tallahassee, Florida
6. Martinsburg, West Virginia
7. Salt Lake City, Utah
8. Richmond, Virginia
9. Gainesville, Georgia
10. Winston-Salem, North Carolina
You can text or call Erick at 703-677-1120, shoot him an email right now Don't forget if you have a home to sell Peggy James my listing specialist for Erick and Company can send you a free market evaluation of your home. Fill out this form or call our office at 703-590-2252. We service buyers and sellers in Lake Ridge,Woodbridge, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville, Quantico, Fort Belivor and Mount Vernon area's.
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