Good information for your investors
Just ask the Oracle of Omaha, billionaire Warren Buffett about residential real estate as an investment. He recently told CNBC that distressed single-family homes were one of today’s best investment opportunities, saying, “…It’s a leveraged way of owning a very cheap asset now and I think that’s probably as an attractive an investment as you can make.”
If you work with residential investors, whether they are buying distressed homes or looking for other good value residential properties with potential as rentals, here’s a recent analysis which may be useful. In a study sponsored by HomeVestors of America, Inc.® (known as the We Buy Ugly Houses® company), Local Market Monitor analyzed over 300 cities before identifying the top 10 for residential rental investments, as of second quarter of this year. For additional cities and more explanatory information on the analysis, see the Local Market Monitor press release.
Not working with investors? The projected growth in median price is good information, too.