Great news for investors! Nashville is rated as the 4th best place to invest in the country! 10 years ago, I chose Nashville, specifically Sylvan Park, to invest in.
5 years ago, I chose Harlingen, Texas, just 10 minutes to McAllen, Texas, as a great place to invest!
If you are thinking of investing in a home or multi-family housing, this is a great time to do it! I am here to serve you!! Please read the article below:
Nashville’s residential real estate market has the fourth-highest potential for price appreciation, according to an analysis by a North Carolina firm and Forbes.com.
North Carolina-based Local Market Monitor compiled data looking at which metropolitan areas are best-positioned to rebound, looking at the whether prices appear to be stabilizing, as well as pre-recession population growth and the presence of growth industries like health care.
The company analyzed 145 markets. Nashville trailed Raleigh, N.C.; McAllen, Texas; and Austin, Texas. San Antonio rounded out the top 5.
Local Market Monitor expects home prices in Nashville to be up 3 percent within three years. Wisconsin-based research firm Fiserv told the Business Journal it expects prices in Nashville to bottom out in the second quarter of 2011, and return to peak in 2018.
In the meantime, the combination of depressed prices, low interest rates and rising rents is drawing some investors back into residential real estate. For more, read this Friday’s Nashville Business Journal.
Dan Hieb coordinates coverage for nashvillebusinessjournal.com, as well as for the Nashville Business Journal's Open for Business and New to Nashville profiles. He can be reached at dhieb@bizjournals.com or 615-846-4278.
Read more: Report: Nashville fourth-best bet for residential real estate investors - Nashville Business Journal
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