salt lake real estate market: Salt Lake City 7th Best Market for Real Estate Investors
- 07/11/11 04:56 AM
Salt Lake was recently named 7th in the top 10 markets for real estate investors. The top 10 cities were: 1. Indianapolis-Carmel, Ind.2. Winchester, Va.-W.Va.3. Gainesville, Fla.4. Tucson, Ariz.5. Tallahassee, Fla.6. Hagerstown-Martinsburg, Md.-W.Va.7. Salt Lake City, Ut8. Richmond, Va.; 9. Gainesville, Ga.10. Winston-Salem, N.C. The study by Inman News took into many criteria, including economic, housing and demographic data. 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
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