Home >> HomeVestors Touts Housing Investments in “”Small Town, U.S.A.””
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For real estate investors, it's time to head to Small Town, U.S.A., according to a new study from HomeVestors of America, Inc. Releasing findings from the company's Local Market Monitor (LMM), HomeVestors reported that smaller cities, those with populations between 200,000 and 500,000, are emerging markets for housing investment opportunities.

HomeVestors Touts Housing Investments in “”Small Town, U.S.A.””

For real estate investors, it's time to head to ""Small Town, U.S.A.,"" according to a new study from ""HomeVestors of America, Inc."":http://www.homevestors.com/

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Releasing findings from the company's Local Market Monitor (LMM), HomeVestors reported that smaller cities, those with populations between 200,000 and 500,000, are emerging markets for housing investment opportunities.

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Ranking the nation's top 10 smaller markets based on their value for investors, HomeVestors' cited low ""risk premiums"" as the key advantage in the included areas. Cities earning a spot on HomeVestors' roster were as follows: Lafayette, Louisiana; Fort Wayne, Indiana; Erie, Pennsylvania; Corpus Christi, Texas; Houma, Louisiana; Fayetteville, Arkansas; Tyler, Texas; Longview, Texas; Lincoln, Nebraska; and Ann Arbor, Michigan

Ingo Winzer, president and founder of LMM, noted of the company's statistics, ""Many of these markets not only have unemployment rates well below the national average, but they show strong job growth and housing prices have bottomed out.""

Winzer went on to add that smaller cities are ""great places to rent out single-family homes because strong economic growth can quickly absorb the existing housing options.""

""Investors should approach our top 20 large markets with caution. Even though the higher risk premiums mean investors may be able to get a higher return relative to their investment, 18 of these markets are in California, Florida, Nevada or Michigan, all areas that have suffered from an overabundance of housing, a poor local economy, or both,"" Winzer concluded.

About Author: Abby Gregory

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