Real Estate investor buyers should be in good shape over the next few years buying apartments in the St. Cloud and Twin Cities Minnesota markets. Tightening of credit and financing for would be homebuyers, and the employment and foreclosure numbers are combining to increase the number of renters in many areas.
Marcus & Millichaps 2009 National Apartment Report indicates the Minneapolis-St.Paul Minnesota markets diverse employment base and healthy population growth contributed to an improved ranking of 15 (up from 29 in 2008). St. Cloud Minnesota should also be a strong real estate market for multiple residential investment properties because of its strong medical industry, Universities & Colleges, and as an accessible hub of commerce serving half the state.
Low interest rates, low vacancy rates, and rising rents add up to profit for the investor!
For more real estate information about investment properties or to view Minnesota real estate currently for sale go to my website at www.stcloudareahomesforsale.com
Steve Baklaich RE/Max Realty Source (320) 260-3290
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