Want to invest in some real estate? You should do it in DFW.
HomeVestors -- the people that "buy ugly houses" -- has released a list of the top 10 markets for real estate investment, and both Dallas and Fort Worth are on the list.
Based on fourth quarter numbers, Dallas is the top of the list, while Fort Worth falls at fifth place. For the entire year of 2008, rankings are as follows:
- Dallas, Texas
- Houston, Texas
- Atlanta, Georgia
- Fort Worth, Texas
- St. Louis, Missouri
- Denver, Colorado
- San Antonio, Texas
- Philadelphia, Pennsylvania
- Milwaukee, Wisconsin
- Minneapolis, Minnesota
“Last year was an ugly year for residential real estate, and created record-setting demand for a trusted national home buyer,” said John Hayes, president and CEO of HomeVestors. “Moving into 2009, HomeVestors franchisees continue to pay cash for houses, an increasingly attractive solution for thousands of homeowners also addressing one of the worst credit crises in our nation’s history.”
HomeVestors is the Dallas-based national franchise that specializes in buying, rehabbing and selling single-family homes across the nation. The company has more than 200 franchises in 35 states.
Some information from HomeVestors press release.
